Denmark: Sheep Leather Market 2025

Sheep Leather Market Size in Denmark

The Danish sheep leather market expanded notably to $X in 2021, increasing by 14% against the previous year. Over the period under review, the total consumption indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +3.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -9.6% 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 Denmark

In value terms, sheep leather production rose sharply to $X in 2021 estimated in export price. Overall, the total production indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +2.4% 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 -10.5% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of 38% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Sheep Leather Exports

Exports from Denmark

In 2021, the amount of sheep or lamb skin leather exported from Denmark shrank rapidly to X square meters, reducing by -97% on the previous year. Overall, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2013 with an increase of 10,180% against the previous year. The exports peaked at X square meters in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, sheep leather exports declined sharply to $X in 2021. In general, exports, however, recorded a strong expansion. The growth pace was the most rapid in 2013 when exports increased by 33,380%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

China (X square meters), Japan (X square meters) and the UK (X square meters) were the main destinations of sheep leather exports from Denmark, with a combined 91% share of total exports. These countries were followed by Taiwan (Chinese), Switzerland and Hong Kong SAR, which together accounted for a further 8.3%. Moreover, sheep leather exports in China exceeded the figures recorded by the second-largest exporter, Japan, twofold.

From 2012 to 2021, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +150.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X) emerged as the key foreign market for sheep or lamb skin leather exports from Denmark, comprising 59% of total exports. The second position in the ranking was taken by Japan ($X), with a 29% share of total exports. It was followed by Taiwan (Chinese), with a 3.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to China totaled +76.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+21.5% per year) and Taiwan (Chinese) (+20.0% per year).

Export Prices by Country

The average sheep leather export price stood at $X per square meter in 2021, with a decrease of -91.2% against the previous year. Over the period under review, the export price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 an increase of 256%. Over the period under review, the average export prices hit record highs at $X per square meter in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per square meter), while the average price for exports to the UK ($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 China (+84.7%), while the prices for the other major destinations experienced mixed trend patterns.

Sheep Leather Imports

Imports into Denmark

In 2021, imports of sheep or lamb skin leather into Denmark skyrocketed to X square meters, growing by 79% compared with the previous year's figure. Over the period under review, imports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of 85%. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, sheep leather imports soared to $X in 2021. Overall, imports recorded strong growth. The most prominent rate of growth was recorded in 2018 when imports increased by 145% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, China (X square meters) was the main sheep leather supplier to Denmark, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +19.9%.

In value terms, China ($X) constituted the largest supplier of sheep or lamb skin leather to Denmark.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +34.1%.

Import Prices by Country

In 2021, the average sheep leather import price amounted to $X per square meter, declining by -6.4% against the previous year. In general, the import price, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2018 when the average import price increased by 58% against the previous year. The import price peaked at $X per square meter in 2019; however, from 2020 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 China.

From 2012 to 2021, the rate of growth in terms of prices for New Zealand amounted to +23.5% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :