Earlier Report Observations
The market for raw bovine and equine hides and skins in Jamaica saw a steady rise in volume from 568 t in 2018 to 781 t in 2023. This growth was propelled entirely by increases in domestic production, as imports and exports remained virtually zero. The market experienced its strongest expansion in 2021 and 2022, with annual growth rates exceeding 10% and 17%, respectively.
Following a period of stabilization in 2020, production accelerated sharply, adding over 175 t to the market volume between 2020 and 2022. The pace of growth moderated in 2023, with output increasing by just 1.4%, suggesting the market may have reached a new plateau.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Jamaica
- 5.1.1. Annual dynamics of production in Jamaica in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Jamaica in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Jamaica
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6. Imports
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6.1. Imports (Direct Data*)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, kg
- 6.1.2.1. Annual dynamics of product's imports to Jamaica in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to Jamaica by countries, 2018-2024, kg
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, $ US
- 6.1.3.1. Annual dynamics of product's imports to Jamaica in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's imports in value to Jamaica by countries, 2018-2024, $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Jamaica, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Jamaica by countries, 2018-2024, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, kg
- 6.2.2.1. Annual dynamics of product's imports to Jamaica in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to Jamaica by countries, 2018-2024, kg
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, $ US
- 6.2.3.1. Annual dynamics of product's imports to Jamaica in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's imports in value to Jamaica by countries, 2018-2024, $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Jamaica, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Jamaica by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data*)
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7. Trade balance
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7.1. Trade balance (Direct Data)
- 7.1.1. In kind, kg
- 7.1.2. In value, $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, kg
- 7.2.2. In value, $ US
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7.1. Trade balance (Direct Data)
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8. Top buying and selling countries, 2018-2024
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8.1. Direct Data
- 8.1.1. Import in Value by Countries-buyers
- 8.1.2. Export in Value by Countries-suppliers
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8.2. Mirror Data
- 8.2.1. Import in Value by Countries-buyers
- 8.2.2. Export in Value by Countries-suppliers
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8.1. Direct Data
Production raw bovine and equine hides and skins in Jamaica
In kind, 2017-2020, t
Top producers of raw bovine and equine hides and skins, 2017-2020
World map of production of raw bovine and equine hides and skins, 2017-2020
Jamaica's production of raw bovine and equine hides and skins has increased for the third consecutive year. In 2019, production remained virtually unchanged, and in 2020, it reached 593.7 t. Over the period from 2017 to 2020, production grew by 6.4%, with a compound annual growth rate of 2.1%.
Annual dynamics of production in Jamaica in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 1.8% | 4.5% | 0.1% | 2.1% |
Exports raw bovine and equine hides and skins from Jamaica
According to market studies, Jamaica did not export any raw bovine and equine hides and skins from 2017 to 2020.
Imports raw bovine and equine hides and skins to Jamaica
Imports in kind, kg
In 2018, Jamaica's imports of raw bovine and equine hides and skins amounted to 108 kg, which represents a 97.4% decrease compared to the previous year.
Annual dynamics of product's imports to Jamaica in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (97.4%) | n/a | n/a | - |
From 2017 to 2020, the geographical pattern of imports in kind showed a strong dependence on Honduras, which accounted for 99.8% of total flows.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Jamaica in kind, 2017-2020
Imports in value, $ US
In 2018, Jamaica imported raw bovine and equine hides and skins worth 928.8 US dollars, marking a 45.1% year-on-year increase.
Annual dynamics of product's imports to Jamaica in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 45.1% | n/a | n/a | - |
Throughout 2017 to 2020, Honduras was the main supplier of raw bovine and equine hides and skins to Jamaica, accounting for 81.6% of total imports in value terms, while other partners had relatively modest shares.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Jamaica in value, 2017-2020
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