Asia: Sheep Leather Market 2025

Sheep Leather Market Size in Asia

The Asian sheep leather market rose markedly to $X in 2021, picking up by 14% against the previous year. The total consumption indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -14.6% against 2019 indices. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Sheep Leather Production in Asia

In value terms, sheep leather production soared to $X in 2021 estimated in export price. Overall, production showed a prominent increase. The growth pace was the most rapid in 2018 with an increase of 38%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Sheep Leather Exports

Exports in Asia

In 2021, shipments abroad of sheep or lamb skin leather was finally on the rise to reach X square meters for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, saw a deep contraction. The volume of export peaked at X square meters in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, sheep leather exports skyrocketed to $X in 2021. Over the period under review, exports, however, showed a drastic downturn. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Saudi Arabia was the main exporter of sheep or lamb skin leather in Asia, with the volume of exports amounting to X square meters, which was approx. 31% of total exports in 2021. China (X square meters) took the second position in the ranking, followed by Uzbekistan (X square meters), the United Arab Emirates (X square meters), Iraq (X square meters), Turkey (X square meters) and Jordan (X square meters). All these countries together held near 54% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to sheep leather exports from Saudi Arabia stood at -10.0%. At the same time, China (+50.8%), Turkey (+21.3%), Uzbekistan (+14.7%), Jordan (+3.7%) and the United Arab Emirates (+3.7%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing exporter exported in Asia, with a CAGR of +50.8% from 2012-2021. By contrast, Iraq (-4.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China, Uzbekistan, Turkey, the United Arab Emirates and Jordan increased by +14, +9.1, +6.6, +5 and +3 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Saudi Arabia ($X) and Turkey ($X) constituted the countries with the highest levels of exports in 2021, together accounting for 67% of total exports.

China, with a CAGR of +47.3%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Asia stood at $X per square meter in 2021, dropping by -5.6% against the previous year. In general, the export price recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2014 an increase of 12%. As a result, the export price attained the peak level of $X per square meter. From 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was China ($X per square meter), while Uzbekistan ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-2.3%), while the other leaders experienced a decline in the export price figures.

Sheep Leather Imports

Imports in Asia

In 2021, purchases abroad of sheep or lamb skin leather decreased by -7% to X square meters, falling for the third consecutive year after two years of growth. Over the period under review, imports saw a deep downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 35%. The volume of import peaked at X square meters in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, sheep leather imports declined markedly to $X in 2021. Overall, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2018 with an increase of 5.2% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, India (X square meters) and China (X square meters) represented the major importers of sheep or lamb skin leather in Asia, together mixing up 73% of total imports. It was distantly followed by Turkey (X square meters) and Pakistan (X square meters), together committing a 17% share of total imports. South Korea (X square meters), Indonesia (X square meters) and Yemen (X square meters) held a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Yemen (with a CAGR of +43.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sheep leather importing markets in Asia were India ($X), China ($X) and Turkey ($X), with a combined 71% share of total imports. These countries were followed by Pakistan, Indonesia, South Korea and Yemen, which together accounted for a further 20%.

In terms of the main importing countries, Yemen, with a CAGR of +24.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2021, the import price in Asia amounted to $X per square meter, with a decrease of -16.7% against the previous year. Overall, the import price showed a abrupt setback. The pace of growth appeared the most rapid in 2014 an increase of 24%. As a result, import price attained the peak level of $X per square meter. From 2015 to 2021, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Indonesia ($X per square meter), while Yemen ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-3.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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