Egypt: Prepared Sheep Leather Market 2020

Prepared Sheep Leather Exports

Exports from Egypt

In 2018, approx. X square meters of sheep or lamb skin leather, prepared were exported from Egypt; lowering by -X% against the previous year. In general, prepared sheep leather exports continue to indicate an abrupt descent. The most prominent rate of growth was recorded in 2016 when exports increased by X% y-o-y. Exports peaked at X square meters in 2011; however, from 2012 to 2018, exports failed to regain their momentum.

In value terms, prepared sheep leather exports amounted to $X in 2018. Over the period under review, prepared sheep leather exports continue to indicate an abrupt reduction. The most prominent rate of growth was recorded in 2008 when exports increased by X% y-o-y. In that year, prepared sheep leather exports attained their peak of $X. From 2009 to 2018, the growth of prepared sheep leather exports remained at a somewhat lower figure.

Exports by Country

Yemen (X square meters) was the main destination for prepared sheep leather exports from Egypt, with a X% share of total exports. Moreover, prepared sheep leather exports to Yemen exceeded the volume sent to the second major destination, Spain (X square meters), fourfold. Romania (X square meters) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Yemen totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+X% per year) and Romania (+X% per year).

In value terms, Spain ($X), India ($X) and Indonesia ($X) were the largest markets for prepared sheep leather exported from Egypt worldwide, with a combined X% share of total exports. Romania, Yemen, Turkey and Greece lagged somewhat behind, together comprising a further X the main countries of destination, Greece experienced the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average prepared sheep leather export price amounted to $X per square meter, leveling off at the previous year. In general, the prepared sheep leather export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when the average export price increased by X% y-o-y. In that year, the average export prices for sheep or lamb skin leather, prepared reached their peak level of $X per square meter. From 2013 to 2018, the growth in terms of the average export prices for sheep or lamb skin leather, prepared remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Indonesia ($X per square meter), while the average price for exports to Yemen ($X per square meter) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to India, while the prices for the other major destinations experienced more modest paces of growth.

Prepared Sheep Leather Imports

Imports into Egypt

In 2018, approx. X square meters of sheep or lamb skin leather, prepared were imported into Egypt; going up by X% against the previous year. Over the period under review, prepared sheep leather imports continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2017 when imports increased by X% y-o-y. Over the period under review, prepared sheep leather imports attained their peak figure in 2018 and are likely to see steady growth in the immediate term.

In value terms, prepared sheep leather imports amounted to $X in 2018. In general, prepared sheep leather imports continue to indicate a skyrocketing expansion. The pace of growth was the most pronounced in 2017 when imports increased by X% year-to-year. Imports peaked in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

In 2018, Italy (X square meters) constituted the largest supplier of prepared sheep leather to Egypt, accounting for a X% share of total imports. Moreover, prepared sheep leather imports from Italy exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X square meters), sixfold.

From 2007 to 2018, the average annual growth rate of volume from Italy amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+X% per year) and Spain (+X% per year).

In value terms, Italy ($X) constituted the largest supplier of prepared sheep leather to Egypt, comprising X% of total prepared sheep leather imports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total imports.

From 2007 to 2018, the average annual rate of growth in terms of value from Italy amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+X% per year) and Spain (+X% per year).

Import Prices by Country

The average prepared sheep leather import price stood at $X per square meter in 2018, therefore, remained relatively stable against the previous year. In general, the prepared sheep leather import price continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. Over the period under review, the average import prices for sheep or lamb skin leather, prepared reached their maximum in 2018 and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Spain ($X per square meter), while the price for the United Arab Emirates ($X per square meter) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Spain, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform