Tanned or crust hides and skins: of goats or kids, without wool or hair on, whether or not split, but not further prepared, in the wet state (including wet-blue)

In 2024, tanned or crust hides and skins: of goats or kids, without wool or hair on, whether or not split, but not further prepared, in the wet state (including wet-blue) trade exhibited modest growth, with global flows reaching $37,819,321 and a three-year compound annual growth rate of -5.9% (five-year: -14.4%). The all-time peak of $425,440,903 was recorded in 2001; the current level is 91% below that high-water mark.

Over the 30-year observation window (1995–2024), 45% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is strengthening (+8.6% acceleration).

The supply side is diversified (Herfindahl-Hirschman Index 0.103). The three largest exporters — Nigeria ($56.7M), Kenya ($8.2M), and Saudi Arabia ($8.2M) — collectively dominate supply flows. The leading exporter has grown at +21.3% over the last three years.

On the demand side, importer concentration is moderately concentrated (HHI 0.159). The three largest import markets are China ($11.2M), Italy ($7.9M), and Gabon ($5.5M). The largest importing market sources from 21 different supplying countries.

Estimated substitution elasticity: -12.02. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Kenya → China at $3.6M, representing 32.3% of the importer's total demand.

The volatility score for tanned or crust hides and skins: of goats or kids, without wool or hair on, whether or not split, but not further prepared, in the wet state (including wet-blue) is 13 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, modest but steady demand provides a reasonable entry window. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.