Market for Goat Hides And Skins in Argentina
Market Overview
The Argentinian goat hides and skins market fell modestly to $
in , reducing by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, saw a slight contraction. As a result, consumption reached the peak level of $. From 2014 to , the growth of the market remained at a lower figure.
In value terms, goat hides and skins production declined modestly to $ in estimated in export price. Over the period under review, production, however, continues to indicate a slight decrease. The pace of growth was the most pronounced in 2013 when the production volume increased by %. As a result, production reached the peak level of $. From 2014 to , production growth remained at a somewhat lower figure.
The average yield of goat or kid hides and skins in Argentina amounted to kg per head in , therefore, remained relatively stable against the previous year. In general, the yield showed a relatively flat trend pattern. The goat hides and skins yield peaked in and is likely to see gradual growth in years to come.
In, the number of animals slaughtered for goat hides and skins production in Argentina totaled heads, approximately reflecting the previous year. Overall, the number of producing animals, however, saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2019 when the number of producing animals increased by %. Over the period under review, this number attained the peak level at heads in 2013; however, from 2014 to , producing animals stood at a somewhat lower figure.
in , reducing by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, saw a slight contraction. As a result, consumption reached the peak level of $. From 2014 to , the growth of the market remained at a lower figure.In value terms, goat hides and skins production declined modestly to $
in estimated in export price. Over the period under review, production, however, continues to indicate a slight decrease. The pace of growth was the most pronounced in 2013 when the production volume increased by %. As a result, production reached the peak level of $. From 2014 to , production growth remained at a somewhat lower figure.The average yield of goat or kid hides and skins in Argentina amounted to
kg per head in , therefore, remained relatively stable against the previous year. In general, the yield showed a relatively flat trend pattern. The goat hides and skins yield peaked in and is likely to see gradual growth in years to come.In
, the number of animals slaughtered for goat hides and skins production in Argentina totaled heads, approximately reflecting the previous year. Overall, the number of producing animals, however, saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2019 when the number of producing animals increased by %. Over the period under review, this number attained the peak level at heads in 2013; however, from 2014 to , producing animals stood at a somewhat lower figure.Consumption
In , after two years of decline, there was growth in consumption of goat or kid hides and skins, when its volume increased by % to tons. Overall, consumption, however, showed a pronounced reduction. As a result, consumption attained the peak volume of tons. From 2014 to , the growth of the consumption failed to regain momentum.
The value of the goat hides and skins market in Argentina dropped modestly to $ in , shrinking by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, showed a slight reduction. As a result, consumption attained the peak level of $. From 2014 to , the growth of the market failed to regain momentum.
, after two years of decline, there was growth in consumption of goat or kid hides and skins, when its volume increased by % to tons. Overall, consumption, however, showed a pronounced reduction. As a result, consumption attained the peak volume of tons. From 2014 to , the growth of the consumption failed to regain momentum.The value of the goat hides and skins market in Argentina dropped modestly to $
in , shrinking by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, showed a slight reduction. As a result, consumption attained the peak level of $. From 2014 to , the growth of the market failed to regain momentum.Market Forecast
Depressed by shrinking demand for goat hides and skins in Argentina, the market is expected to continue its downward consumption trend over the next eight years. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to tons by the end of .
In value terms, the market is forecast to contract with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to depress the market volume to tons by the end of .In value terms, the market is forecast to contract with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Over the period under review, imports of goat hides and skins in Argentina were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for goat hides and skins.
Trade Balance
Argentina remains a net exporter of goat hides and skins; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
. In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
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