CIS: Sheep Leather Market 2024

Sheep Leather Market Size in CIS

The CIS sheep leather market surged to $X in 2021, increasing by 22% against the previous year. The total consumption indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -18.7% against 2019 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Sheep Leather Production in CIS

In value terms, sheep leather production soared to $X in 2021 estimated in export price. The total production indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +4.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -16.7% against 2019 indices. The pace of growth appeared the most rapid in 2018 with an increase of 58%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Sheep Leather Exports

Exports in CIS

In 2021, overseas shipments of sheep or lamb skin leather were 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 enjoyed a temperate expansion. The pace of growth appeared the most rapid in 2017 when exports increased by 478%. The volume of export peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, sheep leather exports surged to $X in 2021. Over the period under review, exports, however, showed a perceptible slump. The pace of growth appeared the most rapid in 2017 when exports increased by 335%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

In 2021, Uzbekistan (X square meters) represented the largest exporter of sheep or lamb skin leather, committing 69% of total exports. Azerbaijan (X square meters) took the second position in the ranking, followed by Kyrgyzstan (X square meters). All these countries together held approx. 21% share of total exports. Tajikistan (X square meters) and Kazakhstan (X square meters) followed a long way behind the leaders.

Exports from Uzbekistan increased at an average annual rate of +14.7% from 2012 to 2021. At the same time, Azerbaijan (+27.3%) and Tajikistan (+20.5%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +27.3% from 2012-2021. By contrast, Kazakhstan (-8.3%) and Kyrgyzstan (-18.6%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Uzbekistan, Azerbaijan and Tajikistan increased by +69, +9.2 and +3 percentage points, respectively.

In value terms, the largest sheep leather supplying countries in the CIS were Uzbekistan ($X), Azerbaijan ($X) and Kazakhstan ($X), together accounting for 84% of total exports.

Azerbaijan, with a CAGR of +27.9%, 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

In 2021, the export price in the CIS amounted to $X per square meter, waning by -35.1% against the previous year. In general, the export price saw a abrupt setback. The growth pace was the most rapid in 2014 an increase of 136% against the previous year. As a result, the export price reached 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 Kazakhstan ($X per square meter), while Uzbekistan ($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 Kyrgyzstan (+3.1%), while the other leaders experienced mixed trends in the export price figures.

Sheep Leather Imports

Imports in CIS

In 2021, purchases abroad of sheep or lamb skin leather was finally on the rise to reach X square meters after two years of decline. Over the period under review, imports, however, showed a perceptible downturn. Over the period under review, imports hit record highs at X square meters in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, sheep leather imports skyrocketed to $X in 2021. Overall, imports, however, faced a abrupt slump. The pace of growth was the most pronounced in 2016 with an increase of 413% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Russia dominates imports structure, finishing at X square meters, which was near 87% of total imports in 2021. It was distantly followed by Belarus (X square meters), achieving an 8.3% share of total imports. Kyrgyzstan (X square meters) took a relatively small share of total imports.

Russia experienced a relatively flat trend pattern with regard to volume of imports of sheep or lamb skin leather. At the same time, Belarus (+67.0%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing importer imported in the CIS, with a CAGR of +67.0% from 2012-2021. By contrast, Kyrgyzstan (-25.5%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Russia and Belarus increased by +30 and +8.3 percentage points, respectively.

In value terms, the largest sheep leather importing markets in the CIS were Kyrgyzstan ($X), Belarus ($X) and Russia ($X), together comprising 96% of total imports.

Among the main importing countries, Belarus, with a CAGR of +31.8%, 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 mixed trends in the imports figures.

Import Prices by Country

The import price in the CIS stood at $X per square meter in 2021, which is down by -10.5% against the previous year. Over the period under review, the import price saw a abrupt downturn. The growth pace was the most rapid in 2014 when the import price increased by 97% against the previous year. The level of import peaked at $X per square meter in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kyrgyzstan ($X per square meter), while Russia ($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 Kyrgyzstan (+40.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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