Market for Goat Hides And Skins in Belgium
Market Overview
The Belgian goat hides and skins market fell dramatically to $
in , with a decrease of -% 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). Overall, consumption recorded a noticeable descent. Goat hides and skins consumption peaked at $ in 2013; however, from 2014 to , consumption stood at a somewhat lower figure.
In value terms, goat hides and skins production stood at $ in estimated in export price. In general, production saw a significant expansion. The pace of growth was the most pronounced in 2010 with an increase of % against the previous year. Over the period under review, production attained the maximum level at $ in ; however, from to , production failed to regain momentum.
The average yield of goat or kid hides and skins in Belgium rose remarkably to kg per head in , surging by % against the year before. Overall, the yield continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2010 with an increase of % against the previous year. Over the period under review, the average goat hides and skins yield hit record highs at kg per head in ; however, from to , the yield failed to regain momentum.
In, the number of animals slaughtered for goat hides and skins production in Belgium dropped modestly to heads, waning by -% on the previous year's figure. Over the period under review, the number of producing animals, however, posted buoyant growth. The growth pace was the most rapid in 2015 with an increase of % against the previous year. Over the period under review, this number hit record highs at heads in 2019; however, from to , producing animals failed to regain momentum.
in , with a decrease of -% 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). Overall, consumption recorded a noticeable descent. Goat hides and skins consumption peaked at $ in 2013; however, from 2014 to , consumption stood at a somewhat lower figure.In value terms, goat hides and skins production stood at $
in estimated in export price. In general, production saw a significant expansion. The pace of growth was the most pronounced in 2010 with an increase of % against the previous year. Over the period under review, production attained the maximum level at $ in ; however, from to , production failed to regain momentum.The average yield of goat or kid hides and skins in Belgium rose remarkably to
kg per head in , surging by % against the year before. Overall, the yield continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2010 with an increase of % against the previous year. Over the period under review, the average goat hides and skins yield hit record highs at kg per head in ; however, from to , the yield failed to regain momentum.In
, the number of animals slaughtered for goat hides and skins production in Belgium dropped modestly to heads, waning by -% on the previous year's figure. Over the period under review, the number of producing animals, however, posted buoyant growth. The growth pace was the most rapid in 2015 with an increase of % against the previous year. Over the period under review, this number hit record highs at heads in 2019; however, from to , producing animals failed to regain momentum.Consumption
In , consumption of goat or kid hides and skins decreased by -% to tons, falling for the third year in a row after three years of growth. Overall, consumption continues to indicate a perceptible shrinkage. Goat hides and skins consumption peaked at tons in 2019; however, from to , consumption stood at a somewhat lower figure.
The size of the goat hides and skins market in Belgium reduced notably to $ in , with a decrease of -% 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 saw a noticeable descent. Over the period under review, the market attained the maximum level at $ in 2013; however, from 2014 to , consumption failed to regain momentum.
, consumption of goat or kid hides and skins decreased by -% to tons, falling for the third year in a row after three years of growth. Overall, consumption continues to indicate a perceptible shrinkage. Goat hides and skins consumption peaked at tons in 2019; however, from to , consumption stood at a somewhat lower figure.The size of the goat hides and skins market in Belgium reduced notably to $
in , with a decrease of -% 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 saw a noticeable descent. Over the period under review, the market attained the maximum level at $ in 2013; however, from 2014 to , consumption failed to regain momentum.Market Forecast
Driven by rising demand for goat hides and skins in Belgium, the market is expected to start an upward consumption trend over the next eight years. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
In value terms, the market is forecast to increase 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 bring the market volume to tons by the end of .In value terms, the market is forecast to increase 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
Goat hides and skins market in Belgium consists almost entirely of imported products.
Trade Balance
Belgium remains a net importer of goat hides and skins; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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