MERCOSUR: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in MERCOSUR

In 2023, the MERCOSUR goat hides and skins market decreased by X% to $X, falling for the second consecutive year after two years of growth. Overall, consumption recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the market value increased by X%. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2023, consumption remained at a lower figure.

Production of Goat Or Kid Hides And Skins in MERCOSUR

In value terms, goat hides and skins production declined slightly to $X in 2023 estimated in export price. The total production indicated a perceptible expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2023, production growth remained at a somewhat lower figure.

Brazil (X tons) constituted the country with the largest volume of goat hides and skins production, comprising approx. X% of total volume. Moreover, goat hides and skins production in Brazil exceeded the figures recorded by the second-largest producer, Argentina (X tons), threefold. Colombia (X tons) ranked third in terms of total production with an X% share.

From 2012 to 2023, the average annual growth rate of volume in Brazil stood at X%. The remaining producing countries recorded the following average annual rates of production growth: Argentina (X% per year) and Colombia (X% per year).

The average goat hides and skins yield reduced slightly to X kg per head in 2023, stabilizing at the year before. Over the period under review, the yield, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the yield attained the peak level of X kg per head; afterwards, it flattened through to 2023.

In 2023, approx. X heads of animals slaughtered for goat hides and skins production in MERCOSUR; therefore, remained relatively stable against 2022. In general, the number of producing animals, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the number of producing animals increased by X%. Over the period under review, this number reached the peak level at X heads in 2020; however, from 2021 to 2023, producing animals remained at a lower figure.

Exports of Goat Or Kid Hides And Skins

Exports in MERCOSUR

In 2023, the amount of goat or kid hides and skins exported in MERCOSUR totaled X tons, approximately equating 2022 figures. In general, exports recorded a prominent increase. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, goat hides and skins exports skyrocketed to $X in 2023. Over the period under review, exports, however, saw a mild curtailment. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

Exports by Country

Colombia represented the largest exporting country with an export of about X tons, which finished at X% of total exports. It was distantly followed by Venezuela (X tons), Ecuador (X tons) and Brazil (X tons), together comprising a X% share of total exports. Peru (X tons) held a little share of total exports.

Exports from Colombia increased at an average annual rate of X% from 2012 to 2023. At the same time, Brazil (X%) and Venezuela (X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2023. Ecuador experienced a relatively flat trend pattern. By contrast, Peru (X%) illustrated a downward trend over the same period. Colombia (X p.p.), Venezuela (X p.p.) and Brazil (X p.p.) significantly strengthened its position in terms of the total exports, while Peru and Ecuador saw its share reduced by X% and X% from 2012 to 2023, respectively.

In value terms, Colombia ($X) remains the largest goat hides and skins supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Venezuela ($X), with a X% share of total exports. It was followed by Brazil, with a X% share.

In Colombia, goat hides and skins exports expanded at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Venezuela (X% per year) and Brazil (X% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2023, with an increase of X% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt descent. The growth pace was the most rapid in 2016 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per ton in 2017; however, from 2018 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Peru ($X per ton), while Venezuela ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Venezuela (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Goat Or Kid Hides And Skins

Imports in MERCOSUR

After four years of growth, overseas purchases of goat or kid hides and skins decreased by X% to X tons in 2023. In general, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2022 with an increase of X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, goat hides and skins imports reduced rapidly to $X in 2023. Over the period under review, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Brazil was the major importing country with an import of around X tons, which resulted at X% of total imports. It was distantly followed by Colombia (X tons), comprising a X% share of total imports. Peru (X kg) and Guyana (X kg) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to goat hides and skins imports into Brazil stood at X%. At the same time, Guyana (X%) displayed positive paces of growth. Moreover, Guyana emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2023. By contrast, Peru (X%) and Colombia (X%) illustrated a downward trend over the same period. While the share of Brazil (X p.p.) and Guyana (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Peru (X p.p.) and Colombia (X p.p.) displayed negative dynamics.

In value terms, Brazil ($X) constitutes the largest market for imported goat or kid hides and skins in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Colombia ($X), with a X% share of total imports. It was followed by Peru, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Brazil was relatively modest. In the other countries, the average annual rates were as follows: Colombia (X% per year) and Peru (X% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2023, picking up by X% against the previous year. In general, the import price showed prominent growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Brazil ($X per ton), while Guyana ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform