Middle East: Goat Leather Market 2020

Goat Leather Market Size in Middle East

The revenue of the goat leather market in Middle East amounted to $X in 2017, increasing by X% against the previous year. The total market indicated a remarkable expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the goat leather consumption increased by +X% against 2010 indices. The pace of growth was the most pronounced in 2011, with an increase of X% against the previous year. Over the period under review, the goat leather market attained its peak figure level in 2017, and is expected to retain its growth in the immediate term.

Goat Leather Production in Middle East

In 2017, approx. X square meters of goat or kid skin leather were produced in Middle East; increasing by X% against the previous year. The goat leather production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017, with an increase of X% y-o-y. In that year, the goat leather production attained their peak volume, and is likely to continue its growth in the immediate term.

Goat Leather Exports in Middle East

In 2017, the amount of goat or kid skin leather exported in Middle East amounted to X square meters, coming down by -X% against the previous year. The goat leather exports continue to indicate an abrupt slump. The growth pace was the most rapid in 2013, with an increase of X% y-o-y. Over the period under review, the goat leather exports attained its peak figure volume of X square meters in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, goat leather exports totaled $X in 2017. The goat leather exports continue to indicate a perceptible setback. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Goat Leather Exports by Country in Middle East

Saudi Arabia represented the major exporting country with an export of about X square meters, which amounted to X% of total exports. Oman (X square meters) ranks second in terms of the global exports with a X% share, followed by Iran (X%), the United Arab Emirates (X%), Turkey (X%), Yemen (X%) and Syrian Arab Republic (X%).

Exports from Saudi Arabia decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Oman (+X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest growing exporter in Middle East, with a CAGR of +X% from 2007-2017. By contrast, Iran (-X%), Yemen (-X%), Syrian Arab Republic (-X%), Turkey (-X%) and the United Arab Emirates (-X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X%), Turkey (X%), Saudi Arabia (X%), Syrian Arab Republic (X%), Yemen (X%) and Iran (X%) increased significantly in terms of the global exports from 2007-2017, the share of Oman (-X%) displayed negative dynamics.

In value terms, the largest goat leather markets worldwide were Saudi Arabia ($X), Iran ($X) and Yemen ($X), with a combined X% share of total exports. These countries were followed by Turkey, Oman, the United Arab Emirates and Syrian Arab Republic, which together accounted for a further X%.

In terms of the main exporting countries , Oman (+X% per year) experienced the highest growth rate of exports, over the last decade, while the other leaders experienced mixed trends in the exports figures.

Goat Leather Export Prices by Country in Middle East

In 2017, the goat leather export price in Middle East amounted to $X per thousand square meters, waning by -X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011, when the export prices increased by X% y-o-y. The level of export price peaked of $X per thousand square meters in 2016, and then declined slightly in the following year.

Export prices varied noticeably by the country of destination; the country with the highest export price was Iran ($X per square meter), while Oman ($X per thousand square meters) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Turkey (+X% per year), while the other leaders experienced more modest paces of growth.

Goat Leather Imports in Middle East

In 2017, approx. X square meters of goat or kid skin leather were imported in Middle East; flattening at the previous year. The goat leather imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2012, when imports increased by X% y-o-y. In that year, the goat leather imports attained their peak volume of X square meters. From 2013 to 2017, growth of the goat leather imports stood at a somewhat lower level.

In value terms, goat leather imports amounted to $X in 2017. The goat leather imports continue to indicate a prominent expansion. Over the period under review, the goat leather imports attained its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Goat Leather Imports by Country in Middle East

Turkey represented the key importer of goat or kid skin leather in Middle East, with the volume of imports accounting for X square meters, which was near X% of total imports in 2017. Saudi Arabia (X square meters) held the second position in the ranking, followed by Kuwait (X square meters) and the United Arab Emirates (X square meters). All these countries together took near X% share of total imports.

From 2007 to 2017, average annual rates of growth with regard to goat leather imports into Turkey stood at +X%. At the same time, Saudi Arabia (+X%) and Kuwait (+X%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest growing importer in Middle East, with a CAGR of +X% from 2007-2017. By contrast, the United Arab Emirates (-X%) illustrated a downward trend over the same period. The United Arab Emirates (X%) significantly strengthened its position in terms of the global imports, while Kuwait, Saudi Arabia and Turkey saw its share reduced by -X%, -X% and -X% from 2007 to 2017, respectively.

In value terms, Turkey ($X) constitutes the largest market for imported goat or kid skin leather in Middle East, making up X% of global imports. The second position in the ranking was occupied by Saudi Arabia ($X), with a X% share of global imports. It was followed by Kuwait, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Turkey amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Saudi Arabia (+X% per year) and Kuwait (+X% per year).

Goat Leather Import Prices by Country in Middle East

In 2017, the goat leather import price in Middle East amounted to $X per thousand square meters, picking up by X% against the previous year. The goat leather import price continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2011, when the import prices increased by X% against the previous year. In that year, the import prices for goat or kid skin leather attained their peak level of $X per thousand square meters. From 2012 to 2017, growth of the import prices for goat or kid skin leather stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Saudi Arabia ($X per square meter), while Kuwait ($X per thousand square meters) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Kuwait (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform