Report Update Nov 1, 2024

Dominican Republic - Sheep or Lamb Skin Leather - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Sheep Leather Market 2024

Sheep Leather Market Size in the Dominican Republic

The Dominican sheep leather market soared to $X in 2021, growing by 32% against the previous year. Over the period under review, consumption enjoyed a moderate increase. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Sheep Leather Production in the Dominican Republic

In value terms, sheep leather production soared to $X in 2021 estimated in export price. Over the period under review, production recorded a noticeable increase. The most prominent rate of growth was recorded in 2018 with an increase of 74% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Sheep Leather Exports

Exports from the Dominican Republic

In 2021, exports of sheep or lamb skin leather from the Dominican Republic surged to X square meters, rising by 510% compared with the previous year. Overall, exports, however, continue to indicate a perceptible decline. Over the period under review, the exports attained the maximum at X square meters in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, sheep leather exports skyrocketed to $X in 2021. Over the period under review, exports, however, faced a deep slump. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

China (X square meters) was the main destination for sheep leather exports from the Dominican Republic, with a 97% share of total exports. It was followed by Spain (X square meters), with a 3.2% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to China stood at +6.4%.

In value terms, China ($X) remains the key foreign market for sheep or lamb skin leather exports from the Dominican Republic, comprising 94% of total exports. The second position in the ranking was taken by Spain ($X), with a 5.6% share of total exports.

From 2012 to 2021, the average annual growth rate of value to China amounted to +6.4%.

Export Prices by Country

The average sheep leather export price stood at $X per square meter in 2021, shrinking by -15.4% against the previous year. Overall, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2017 when the average export price increased by 32%. As a result, the export price attained the peak level of $X per square meter. From 2018 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per square meter), while the average price for exports to China totaled $X per square meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+47.7%), while the prices for the other major destinations experienced a decline.

Sheep Leather Imports

Imports into the Dominican Republic

In 2021, supplies from abroad of sheep or lamb skin leather decreased by -33.8% to X square meters, falling for the second year in a row after two years of growth. Overall, imports showed a noticeable downturn. The pace of growth was the most pronounced in 2015 when imports increased by 227% against the previous year. As a result, imports reached the peak of X square meters. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, sheep leather imports declined dramatically to $X in 2021. In general, imports saw a noticeable downturn. The most prominent rate of growth was recorded in 2015 with an increase of 29% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X square meters) was the main sheep leather supplier to the Dominican Republic, with a 98% share of total imports. It was followed by Spain (X square meters), with a 1.5% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -25.9%.

In value terms, China ($X) constituted the largest supplier of sheep or lamb skin leather to the Dominican Republic, comprising 96% of total imports. The second position in the ranking was taken by Spain ($X), with a 2.5% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at -17.7%.

Import Prices by Country

In 2021, the average sheep leather import price amounted to $X per square meter, falling by -7.4% against the previous year. Overall, the import price recorded a mild decline. The pace of growth was the most pronounced in 2017 when the average import price increased by 175% against the previous year. As a result, import price reached the peak level of $X per square meter. From 2018 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per square meter), while the price for China totaled $X per square meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+119.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sheep or lamb skin leather in the world?

The countries with the highest volumes of sheep leather consumption in 2021 were China, the United States and India, together comprising 30% of global consumption. Japan, Russia, Pakistan, Nigeria, Brazil, Indonesia, Bangladesh, the UK, Mexico and Ethiopia lagged somewhat behind, together accounting for a further 26%.

What are the largest producers of sheep or lamb skin leather in the world?

The countries with the highest volumes of sheep leather production in 2021 were China, the United States and India, together comprising 29% of global production. Japan, Nigeria, Russia, Pakistan, Brazil, Indonesia, Bangladesh, the UK, Mexico and Ethiopia lagged somewhat behind, together accounting for a further 26%.

What are the leading suppliers of sheep or lamb skin leather to the Dominican Republic?

In value terms, the United States constituted the largest supplier of sheep leather to the Dominican Republic.

What are the leading importers of sheep or lamb skin leather from the Dominican Republic?

In value terms, China remains the key foreign market for sheep leather exports from the Dominican Republic, comprising 95% of total exports. The second position in the ranking was occupied by Hong Kong SAR, with a 5.4% share of total exports.

What is the average export price for sheep or lamb skin leather in the Dominican Republic?

The average sheep leather export price stood at $3.9 per square meter in 2021, which is down by -25.4% against the previous year.

What is the average import price for sheep or lamb skin leather in the Dominican Republic?

In 2021, the average sheep leather import price amounted to $7.7 per square meter, which is down by -52.7% against the previous year.

This report provides an in-depth analysis of the sheep leather market in the Dominican Republic. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 15114130 - Sheep or lamb skin leather without wool on, tanned but not further prepared (excluding chamois leather)

Country coverage:

Dominican Republic

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Dominican Republic
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023