Market for Goat Hides And Skins in Spain
Market Overview
The Spanish goat hides and skins market skyrocketed to $
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 saw a modest expansion. Goat hides and skins consumption peaked at $ in 2012; however, from 2013 to , consumption failed to regain momentum.
In value terms, goat hides and skins production expanded remarkably to $ in estimated in export price. Overall, production, however, saw a perceptible downturn. The pace of growth appeared the most rapid in 2010 when the production volume increased by % against the previous year. Over the period under review, production hit record highs at $ in 2011; however, from 2012 to , production remained at a lower figure.
The average yield of goat or kid hides and skins in Spain contracted slightly to kg per head in , remaining relatively unchanged against the year before. The yield figure increased at an average annual rate of +% over the period from 2007 to ; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2008 when the yield increased by % against the previous year. Over the period under review, the average goat hides and skins yield hit record highs at kg per head in 2014; however, from 2015 to , the yield stood at a somewhat lower figure.
In, the number of animals slaughtered for goat hides and skins production in Spain totaled heads, standing approx. at . Over the period under review, the number of producing animals, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 when the number of producing animals increased by %. The number of animals slaughtered for goat hides and skins production peaked at heads in 2011; however, from 2012 to , producing animals stood at a somewhat lower figure.
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 saw a modest expansion. Goat hides and skins consumption peaked at $ in 2012; however, from 2013 to , consumption failed to regain momentum.In value terms, goat hides and skins production expanded remarkably to $
in estimated in export price. Overall, production, however, saw a perceptible downturn. The pace of growth appeared the most rapid in 2010 when the production volume increased by % against the previous year. Over the period under review, production hit record highs at $ in 2011; however, from 2012 to , production remained at a lower figure.The average yield of goat or kid hides and skins in Spain contracted slightly to
kg per head in , remaining relatively unchanged against the year before. The yield figure increased at an average annual rate of +% over the period from 2007 to ; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2008 when the yield increased by % against the previous year. Over the period under review, the average goat hides and skins yield hit record highs at kg per head in 2014; however, from 2015 to , the yield stood at a somewhat lower figure.In
, the number of animals slaughtered for goat hides and skins production in Spain totaled heads, standing approx. at . Over the period under review, the number of producing animals, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 when the number of producing animals increased by %. The number of animals slaughtered for goat hides and skins production peaked at heads in 2011; however, from 2012 to , producing animals stood at a somewhat lower figure.Consumption
For the third year in a row, Spain recorded growth in consumption of goat or kid hides and skins, which increased by % to tons in . Over the period under review, consumption posted temperate growth. Over the period under review, consumption hit record highs in and is expected to retain growth in years to come.
The size of the goat hides and skins market in Spain soared to $ in , growing 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). Overall, consumption recorded mild growth. Over the period under review, the market reached the peak level at $ in 2012; however, from 2013 to , consumption stood at a somewhat lower figure.
% to tons in . Over the period under review, consumption posted temperate growth. Over the period under review, consumption hit record highs in and is expected to retain growth in years to come.The size of the goat hides and skins market in Spain soared to $
in , growing 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). Overall, consumption recorded mild growth. Over the period under review, the market reached the peak level at $ in 2012; however, from 2013 to , consumption stood at a somewhat lower figure.Market Forecast
The goat hides and skins market is expected to start a downward consumption trend over the next eight years. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -% for the eight-year 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 eight-year 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 .Trade Balance
Spain 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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