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Turkey - Sheep or Lamb Skin Leather - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

Turkey - Sheep or Lamb Skin Leather - Market Analysis, Forecast, Size, Trends And Insights

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Aug 4, 2023

Price of Turkish Sheep Leather Surges by 224%, Reaching $7.6 per Square Meter

Turkey Sheep Leather Import Price in March 2023

In March 2023, the sheep leather price stood at $7.6 per square meter (CIF, Turkey), increasing by 224% against the previous month. In general, the import price saw a measured increase. The growth pace was the most rapid in May 2022 an increase of 414% month-to-month. As a result, import price reached the peak level of $12,789 per thousand square meters. From June 2022 to March 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($16.5 per square meter), while the price for Uzbekistan ($1.3 per square meter) was amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Tajikistan (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

COUNTRYImport Price of Sheep Leather in Turkey (USD per square meter)
Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023
Spain16.82.016.8N/A19.745.9N/A14.78.0N/A4.61.816.5
Sudan11.511.824.810.212.89.18.217.712.83.37.411.912.4
Italy2.132.87.52.220.82.32.02.52.21.89.314.73.7
Algeria2.0N/AN/A1.91.9N/A1.43.61.4N/AN/A2.11.6
MongoliaN/AN/AN/AN/AN/A1.61.6N/AN/AN/AN/AN/A1.5
UzbekistanN/A2.01.41.3N/A1.21.41.41.31.11.31.11.3
Tajikistan1.0N/AN/AN/A1.01.5N/AN/AN/AN/AN/AN/AN/A
Iran0.70.70.6N/A0.63.1N/AN/A2.83.01.01.3N/A
Iraq9.2N/A3.83.84.26.00.83.33.72.53.01.7N/A
Kazakhstan0.80.7N/A2.2N/AN/AN/AN/A1.0N/A0.61.3N/A
Average5.22.512.85.37.54.42.77.65.23.63.52.47.6

Turkey Sheep Leather Imports

After two months of growth, purchases abroad of sheep or lamb skin leather decreased by -5.2% to 240K square meters in March 2023. Over the period under review, total imports indicated a temperate expansion from March 2022 to March 2023: its volume increased at an average monthly rate of +2.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2023 figures, imports increased by +25.8% against December 2022 indices. The pace of growth appeared the most rapid in May 2022 when imports increased by 105% m-o-m. Imports peaked at 329K square meters in November 2022; however, from December 2022 to March 2023, imports stood at a somewhat lower figure.

In value terms, sheep leather imports surged to $1.8M (IndexBox estimates) in March 2023. Overall, imports, however, showed resilient growth. The growth pace was the most rapid in May 2022 when imports increased by 952% against the previous month. As a result, imports reached the peak of $3M. From June 2022 to March 2023, the growth of imports remained at a lower figure.

Turkey Sheep Leather Imports by Country

In March 2023, Sudan (121K square meters) constituted the largest sheep leather supplier to Turkey, accounting for a 51% share of total imports. Moreover, sheep leather imports from Sudan exceeded the figures recorded by the second-largest supplier, Mongolia (51K square meters), twofold. The third position in this ranking was held by Uzbekistan (30K square meters), with a 12% share.

From March 2022 to March 2023, the average monthly growth rate of volume from Sudan totaled +11.0%. The remaining supplying countries recorded the following average monthly rates of imports growth: Mongolia (+22.3% per month) and Uzbekistan (+0.9% per month).

In value terms, Sudan ($1.5M) constituted the largest supplier of sheep leather to Turkey, comprising 82% of total imports. The second position in the ranking was taken by Spain ($95K), with a 5.2% share of total imports. It was followed by Italy, with a 4.8% share.

From March 2022 to March 2023, the average monthly growth rate of value from Sudan stood at +11.7%. The remaining supplying countries recorded the following average monthly rates of imports growth: Spain (-2.3% per month) and Italy (+119.5% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sheep leather market in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 15114130 - Sheep or lamb skin leather without wool on, tanned but not further prepared (excluding chamois leather)

Country coverage:

  • Turkey

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Turkey
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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