Benelux: Sheep Leather Market 2024

Sheep Leather Market Size in Benelux

The Benelux sheep leather market soared to $X in 2021, rising by 18% against the previous year. The total consumption indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +3.8% 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 -13.0% 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 Benelux

In value terms, sheep leather production soared to $X in 2021 estimated in export price. The total production indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -12.8% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of 40%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Sheep Leather Exports

Exports in Benelux

For the third consecutive year, Benelux recorded growth in shipments abroad of sheep or lamb skin leather, which increased by 18% to X square meters in 2021. Over the period under review, exports enjoyed a remarkable increase. The pace of growth was the most pronounced in 2019 with an increase of 839%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in the near future.

In value terms, sheep leather exports skyrocketed to $X in 2021. In general, exports posted significant growth. The growth pace was the most rapid in 2017 when exports increased by 2,055%. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Exports by Country

The biggest shipments were from the Netherlands (X square meters), together amounting to 99% of total export.

The Netherlands was also the fastest-growing in terms of the sheep or lamb skin leather exports, with a CAGR of +37.2% from 2012 to 2021. The Netherlands (+84 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) also remains the largest sheep leather supplier in Benelux.

In the Netherlands, sheep leather exports expanded at an average annual rate of +45.4% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per square meter, rising by 84% against the previous year. Over the period under review, the export price showed a strong increase. The pace of growth appeared the most rapid in 2015 when the export price increased by 398%. The level of export peaked at $X per square meter in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2012 to 2021, the rate of growth in terms of prices for the Netherlands amounted to +6.0% per year.

Sheep Leather Imports

Imports in Benelux

After three years of decline, overseas purchases of sheep or lamb skin leather increased by 439% to X square meters in 2021. Overall, imports recorded a significant increase. The pace of growth was the most pronounced in 2013 when imports increased by 477%. The volume of import peaked in 2021 and is likely to see gradual growth in the near future.

In value terms, sheep leather imports skyrocketed to $X in 2021. Over the period under review, imports saw significant growth. The pace of growth appeared the most rapid in 2013 with an increase of 664% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

The Netherlands prevails in imports structure, resulting at X square meters, which was near 94% of total imports in 2021. It was distantly followed by Belgium (X square meters), committing a 6.3% share of total imports.

The Netherlands was also the fastest-growing in terms of the sheep or lamb skin leather imports, with a CAGR of +35.2% from 2012 to 2021. At the same time, Belgium (+2.7%) displayed positive paces of growth. While the share of the Netherlands (+39 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Belgium (-37 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) constitutes the largest market for imported sheep or lamb skin leather in Benelux, comprising 86% of total imports. The second position in the ranking was held by Belgium ($X), with a 14% share of total imports.

In the Netherlands, sheep leather imports expanded at an average annual rate of +26.4% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per square meter, shrinking by -10.4% against the previous year. Overall, the import price recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2015 an increase of 125% against the previous year. As a result, import price attained the peak level of $X per square meter. From 2016 to 2021, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per square meter), while the Netherlands amounted to $X per square meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+12.2%).

Source: IndexBox Platform