Denmark: Sheepskin And Lambskin Market 2024

Sheepskin And Lambskin Market Size in Denmark

The Danish sheepskin and lambskin market soared to $X in 2021, growing by 73% against the previous year. In general, consumption enjoyed prominent growth. Sheepskin and lambskin consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Sheepskin And Lambskin Production in Denmark

In value terms, sheepskin and lambskin production surged to $X in 2021 estimated in export price. Over the period under review, production recorded a significant increase. The pace of growth was the most pronounced in 2015 when the production volume increased by 127% 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.

The average yield of sheep or lamb skins (without wool) in Denmark rose sharply to X kg per head in 2021, growing by 13% compared with the previous year. The yield figure increased at an average annual rate of +4.3% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 21% against the previous year. Over the period under review, the average sheepskin and lambskin yield attained the maximum level in 2021 and is expected to retain growth in years to come.

In 2021, number of animals slaughtered for sheepskin and lambskin production in Denmark declined to X heads, falling by -10.9% against the previous year's figure. In general, the number of producing animals showed a pronounced contraction. The pace of growth appeared the most rapid in 2014 with an increase of 6.8% against the previous year. The number of animals slaughtered for sheepskin and lambskin production peaked at X heads in 2015; however, from 2016 to 2021, producing animals stood at a somewhat lower figure.

Sheepskin And Lambskin Exports

Exports from Denmark

In 2021, exports of sheep or lamb skins (without wool) from Denmark contracted rapidly to X tons, which is down by -45.6% compared with the previous year's figure. Overall, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2014 with an increase of 4,355% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020, and then dropped sharply in the following year.

In value terms, sheepskin and lambskin exports fell markedly to $X in 2021. Over the period under review, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 6,118%. The exports peaked at $X in 2020, and then contracted notably in the following year.

Exports by Country

Ireland (X tons) was the main destination for sheepskin and lambskin exports from Denmark, accounting for a 93% share of total exports. Moreover, sheepskin and lambskin exports to Ireland exceeded the volume sent to the second major destination, Peru (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Ireland was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (0.0% per year) and Norway (+47.0% per year).

In value terms, Ireland ($X) emerged as the key foreign market for sheep or lamb skins (without wool) exports from Denmark, comprising 90% of total exports. The second position in the ranking was taken by Peru ($X), with a 4.4% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Ireland was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (0.0% per year) and Norway (+49.0% per year).

Export Prices by Country

The average sheepskin and lambskin export price stood at $X per ton in 2021, with an increase of 51% against the previous year. Over the period under review, the export price, however, faced a abrupt downturn. The growth pace was the most rapid in 2016 an increase of 147% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Ireland ($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 Hong Kong SAR (+27.3%), while the prices for the other major destinations experienced mixed trend patterns.

Sheepskin And Lambskin Imports

Imports into Denmark

In 2021, the amount of sheep or lamb skins (without wool) imported into Denmark soared to X tons, picking up by 37% against the previous year's figure. Over the period under review, imports, however, saw a noticeable reduction. The most prominent rate of growth was recorded in 2014 with an increase of 317% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, sheepskin and lambskin imports expanded notably to $X in 2021. Overall, imports, however, saw a noticeable downturn. The pace of growth appeared the most rapid in 2018 when imports increased by 332%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

Norway (X tons), Germany (X tons) and Iceland (X tons) were the main suppliers of sheepskin and lambskin imports to Denmark, with a combined 100% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Norway (with a CAGR of +198.4%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Norway ($X) constituted the largest supplier of sheep or lamb skins (without wool) to Denmark, comprising 70% of total imports. The second position in the ranking was taken by Germany ($X), with a 29% share of total imports. It was followed by Iceland, with a 1.4% share.

From 2012 to 2021, the average annual growth rate of value from Norway stood at +74.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (0.0% per year) and Iceland (-33.6% per year).

Import Prices by Country

In 2021, the average sheepskin and lambskin import price amounted to $X per ton, reducing by -18.2% against the previous year. Overall, the import price recorded a mild contraction. The most prominent rate of growth was recorded in 2019 an increase of 64%. As a result, import price reached the peak level of $X per ton. From 2020 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iceland (-3.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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