Eastern Asia: Sheepskin And Lambskin Market 2025

Sheepskin And Lambskin Market Size in Eastern Asia

In 2022, the East Asian sheepskin and lambskin market increased by 1.1% to $X, rising for the second consecutive year after three years of decline. Overall, consumption, however, showed a perceptible downturn. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Sheepskin And Lambskin Production in Eastern Asia

In value terms, sheepskin and lambskin production stood at $X in 2022 estimated in export price. Over the period under review, production saw a abrupt decline. The growth pace was the most rapid in 2013 when the production volume increased by 40%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

China (X tons) constituted the country with the largest volume of sheepskin and lambskin production, comprising approx. 100% of total volume.

In China, sheepskin and lambskin production expanded at an average annual rate of +2.2% over the period from 2012-2022.

In 2022, the average sheepskin and lambskin yield in Eastern Asia rose modestly to X kg per head, picking up by 2.9% on 2021 figures. In general, the yield, however, showed a mild setback. The level of yield peaked at X kg per head in 2016; however, from 2017 to 2022, the yield remained at a lower figure.

In 2022, the number of animals slaughtered for sheepskin and lambskin production in Eastern Asia reduced modestly to X heads, declining by -4.7% compared with the year before. This number increased at an average annual rate of +3.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 with an increase of 12% against the previous year. The level of producing animals peaked at X heads in 2021, and then declined slightly in the following year.

Sheepskin And Lambskin Exports

Exports in Eastern Asia

In 2022, overseas shipments of sheep or lamb skins (without wool) were finally on the rise to reach X tons after three years of decline. In general, exports, however, faced a deep setback. The growth pace was the most rapid in 2013 with an increase of 322%. The volume of export peaked at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, sheepskin and lambskin exports soared to $X in 2022. Over the period under review, exports, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2013 with an increase of 307% against the previous year. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Hong Kong SAR (X tons) and China (X tons) prevails in exports structure, together achieving 98% of total exports. South Korea (X kg) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Hong Kong SAR (with a CAGR of -7.5%), while the other leaders experienced a decline in the exports figures.

In value terms, the largest sheepskin and lambskin supplying countries in Eastern Asia were South Korea ($X), Hong Kong SAR ($X) and China ($X), with a combined 98% share of total exports.

In terms of the main exporting countries, South Korea, with a CAGR of +35.4%, 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 in the exports figures.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2022, shrinking by -31.6% against the previous year. Overall, the export price, however, enjoyed a moderate expansion. The pace of growth appeared the most rapid in 2021 an increase of 185% against the previous year. As a result, the export price attained the peak level of $X per ton, and then dropped significantly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Korea ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+46.4%), while the other leaders experienced a decline in the export price figures.

Sheepskin And Lambskin Imports

Imports in Eastern Asia

After four years of decline, supplies from abroad of sheep or lamb skins (without wool) increased by 6.8% to X tons in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 32% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sheepskin and lambskin imports dropped modestly to $X in 2022. Overall, imports, however, saw a deep slump. The pace of growth appeared the most rapid in 2021 when imports increased by 29% against the previous year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of sheepskin and lambskin imports in 2022 were China (X tons), together finishing at 100% of total import.

China experienced a relatively flat trend pattern with regard to volume of imports of sheep or lamb skins (without wool). The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported sheep or lamb skins (without wool) in Eastern Asia.

From 2012 to 2022, the average annual rate of growth in terms of value in China totaled -9.7%.

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per ton, dropping by -6.6% against the previous year. In general, the import price showed a deep downturn. The pace of growth appeared the most rapid in 2021 an increase of 31%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -9.5% per year.

Source: IndexBox Platform

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