Brazil: Sheep Leather Market 2025

Sheep Leather Market Size in Brazil

The Brazilian sheep leather market surged to $X in 2021, growing by 28% against the previous year. In general, the total consumption indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +5.2% 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 -17.5% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Sheep Leather Production in Brazil

In value terms, sheep leather production soared to $X in 2021 estimated in export price. In general, the total production indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -18.8% against 2019 indices. The growth pace was the most rapid in 2019 when the production volume increased by 40% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Sheep Leather Exports

Exports from Brazil

In 2021, overseas shipments of sheep or lamb skin leather decreased by -18.4% to X square meters for the first time since 2018, thus ending a two-year rising trend. Over the period under review, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 83%. The exports peaked at X square meters in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, sheep leather exports totaled $X in 2021. In general, exports saw a abrupt contraction. The pace of growth was the most pronounced in 2019 with an increase of 110%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X square meters) was the main destination for sheep leather exports from Brazil, accounting for a 51% share of total exports. Moreover, sheep leather exports to Italy exceeded the volume sent to the second major destination, Portugal (X square meters), twofold. The United States (X square meters) ranked third in terms of total exports with an 18% share.

From 2012 to 2021, the average annual growth rate of volume to Italy totaled -5.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (+30.7% per year) and the United States (+154.5% per year).

In value terms, the largest markets for sheep leather exported from Brazil were Italy ($X), Portugal ($X) and the United States ($X), with a combined 95% share of total exports.

The United States, with a CAGR of +127.5%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average sheep leather export price stood at $X per square meter in 2021, growing by 25% against the previous year. In general, export price indicated prominent growth from 2012 to 2021: its price increased at an average annual rate of +6.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, sheep leather export price decreased by -14.5% against 2019 indices. The pace of growth was the most pronounced in 2019 an increase of 58%. The export price peaked at $X per square meter in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Portugal ($X per square meter), while the average price for exports to Finland ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+32.7%), while the prices for the other major destinations experienced more modest paces of growth.

Sheep Leather Imports

Imports into Brazil

In 2021, approx. X square meters of sheep or lamb skin leather were imported into Brazil; surging by 174% on the previous year. Over the period under review, imports recorded resilient growth. The most prominent rate of growth was recorded in 2014 when imports increased by 680%. As a result, imports reached the peak of X square meters. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, sheep leather imports soared to $X in 2021. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 695%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Mexico (X square meters), Nigeria (X square meters) and Spain (X square meters) were the main suppliers of sheep leather imports to Brazil, together comprising 93% of total imports. These countries were followed by China, which accounted for a further 7.1%.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +118.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sheep leather suppliers to Brazil were Nigeria ($X), Mexico ($X) and China ($X), together accounting for 95% of total imports.

Among the main suppliers, China, with a CAGR of +70.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sheep leather import price stood at $X per square meter in 2021, rising by 14% against the previous year. Overall, the import price, however, continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2016 when the average import price increased by 111% against the previous year. As a result, import price reached the peak level of $X per square meter. From 2017 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Nigeria ($X per square meter), while the price for Spain ($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 Nigeria (-0.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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