Canada: Sheepskin And Lambskin Market 2025

Sheepskin And Lambskin Market Size in Canada

In 2021, after three years of growth, there was decline in the Canadian sheepskin and lambskin market, when its value decreased by -3.9% to $X. In general, the total consumption indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +6.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +65.1% against 2017 indices. Over the period under review, the market hit record highs at $X in 2020, and then reduced modestly in the following year.

Sheepskin And Lambskin Production in Canada

In value terms, sheepskin and lambskin production reduced slightly to $X in 2021 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the production volume increased by 29%. Over the period under review, production attained the peak level at $X in 2020, and then declined modestly in the following year.

The average yield of sheep or lamb skins (without wool) in Canada expanded slightly to X kg per head in 2021, surging by 3.1% on the year before. Overall, the yield saw a relatively flat trend pattern. As a result, the yield attained the peak level and is likely to continue growth in the immediate term.

The number of animals slaughtered for sheepskin and lambskin production in Canada expanded to X heads in 2021, surging by 3.7% compared with the previous year. Over the period under review, the number of producing animals recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 3.9% against the previous year. Over the period under review, this number reached the peak level in 2021 and is expected to retain growth in the immediate term.

Sheepskin And Lambskin Exports

Exports from Canada

In 2021, after three years of decline, there was significant growth in shipments abroad of sheep or lamb skins (without wool), when their volume increased by 49% to X tons. Overall, exports, however, faced a abrupt descent. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, sheepskin and lambskin exports skyrocketed to $X in 2021. Over the period under review, exports, however, continue to indicate a dramatic decrease. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

China (X tons), the United States (X tons) and Nigeria (X tons) were the main destinations of sheepskin and lambskin exports from Canada, with a combined 89% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Nigeria (with a CAGR of +283.3%), while shipments for the other leaders experienced a decline.

In value terms, the United States ($X), China ($X) and India ($X) appeared to be the largest markets for sheepskin and lambskin exported from Canada worldwide, together comprising 90% of total exports. Nigeria lagged somewhat behind, comprising a further 10%.

In terms of the main countries of destination, Nigeria, with a CAGR of +188.8%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average sheepskin and lambskin export price stood at $X per ton in 2021, dropping by -9.4% against the previous year. In general, the export price continues to indicate a slight shrinkage. The growth pace was the most rapid in 2018 when the average export price increased by 26% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.8%), while the prices for the other major destinations experienced mixed trend patterns.

Sheepskin And Lambskin Imports

Imports into Canada

In 2021, supplies from abroad of sheep or lamb skins (without wool) decreased by -8.6% to X tons, falling for the second year in a row after three years of growth. In general, imports continue to indicate a mild reduction. The most prominent rate of growth was recorded in 2019 when imports increased by 63%. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, sheepskin and lambskin imports rose markedly to $X in 2021. Overall, imports recorded a deep reduction. The pace of growth was the most pronounced in 2019 when imports increased by 20% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X tons) was the main supplier of sheepskin and lambskin to Canada, with a approx. 99% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the United States stood at -1.3%.

In value terms, the United States ($X) constituted the largest supplier of sheep or lamb skins (without wool) to Canada.

From 2012 to 2021, the average annual growth rate of value from the United States amounted to -8.8%.

Import Prices by Country

In 2021, the average sheepskin and lambskin import price amounted to $X per ton, surging by 17% against the previous year. Over the period under review, the import price, however, recorded a deep setback. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to -7.5% per year.

Source: IndexBox Platform

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