Market for Goat Hides And Skins in Russia
Market Overview
The Russian goat hides and skins market stood at $
in , rising 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, continues to indicate strong growth. As a result, consumption reached the peak level of $. From 2012 to , the growth of the market failed to regain momentum.
In value terms, goat hides and skins production reached $ in estimated in export price. In general, production, however, showed resilient growth. The pace of growth appeared the most rapid in 2011 with an increase of % against the previous year. As a result, production attained the peak level of $. From 2012 to , production growth remained at a somewhat lower figure.
In, the average yield of goat or kid hides and skins in Russia stood at kg per head, standing approx. at . Overall, the yield continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the yield increased by %. Over the period under review, the average goat hides and skins yield reached the maximum level at kg per head in 2007; however, from 2008 to , the yield remained at a lower figure.
In, approx. heads of animals slaughtered for goat hides and skins production in Russia; remaining constant against . Overall, the number of producing animals recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the number of producing animals increased by % against the previous year. The number of animals slaughtered for goat hides and skins production peaked at heads in 2019; however, from to , producing animals failed to regain momentum.
in , rising 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, continues to indicate strong growth. As a result, consumption reached the peak level of $. From 2012 to , the growth of the market failed to regain momentum.In value terms, goat hides and skins production reached $
in estimated in export price. In general, production, however, showed resilient growth. The pace of growth appeared the most rapid in 2011 with an increase of % against the previous year. As a result, production attained the peak level of $. From 2012 to , production growth remained at a somewhat lower figure.In
, the average yield of goat or kid hides and skins in Russia stood at kg per head, standing approx. at . Overall, the yield continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the yield increased by %. Over the period under review, the average goat hides and skins yield reached the maximum level at kg per head in 2007; however, from 2008 to , the yield remained at a lower figure.In
, approx. heads of animals slaughtered for goat hides and skins production in Russia; remaining constant against . Overall, the number of producing animals recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the number of producing animals increased by % against the previous year. The number of animals slaughtered for goat hides and skins production peaked 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 for the first time since 2019, thus ending a two-year rising trend. The total consumption volume increased at an average annual rate of +% from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, consumption hit record highs at tons in , and then reduced in the following year.
The revenue of the goat hides and skins market in Russia expanded to $ in , increasing 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, recorded prominent growth. As a result, consumption reached the peak level of $. From 2012 to , the growth of the market failed to regain momentum.
, consumption of goat or kid hides and skins decreased by -% to tons for the first time since 2019, thus ending a two-year rising trend. The total consumption volume increased at an average annual rate of +% from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, consumption hit record highs at tons in , and then reduced in the following year.The revenue of the goat hides and skins market in Russia expanded to $
in , increasing 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, recorded prominent growth. As a result, consumption reached the peak level of $. From 2012 to , the growth of the market failed to regain momentum.Market Forecast
Driven by increasing demand for goat or kid hides and skins in Russia, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding 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
Over the period under review, imports of goat hides and skins in Russia 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
Russia 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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