GCC: Sheepskin And Lambskin Market 2025

Sheepskin And Lambskin Market Size in GCC

The GCC sheepskin and lambskin market fell modestly to $X in 2021, waning by -3.2% against the previous year. In general, consumption saw a perceptible decline. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Sheepskin And Lambskin Production in GCC

In value terms, sheepskin and lambskin production contracted to $X in 2021 estimated in export price. Over the period under review, production recorded a noticeable descent. The most prominent rate of growth was recorded in 2016 when the production volume increased by 26%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2021 were Saudi Arabia (X tons), Kuwait (X tons) and the United Arab Emirates (X tons), with a combined 84% share of total production. Bahrain and Oman lagged somewhat behind, together comprising a further 16%.

From 2012 to 2021, the biggest increases were recorded for Oman (with a CAGR of +5.1%), while production for the other leaders experienced more modest paces of growth.

The average sheepskin and lambskin yield declined slightly to X kg per head in 2021, therefore, remained relatively stable against 2020 figures. Overall, the yield, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 3.4% against the previous year. As a result, the yield reached the peak level of X kg per head. From 2019 to 2021, the growth of the sheepskin and lambskin yield remained at a lower figure.

In 2021, number of animals slaughtered for sheepskin and lambskin production in GCC contracted to X heads, approximately reflecting 2020 figures. This number increased at an average annual rate of +1.1% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2015 with an increase of 5.3% against the previous year. The level of producing animals peaked at X heads in 2017; however, from 2018 to 2021, producing animals stood at a somewhat lower figure.

Sheepskin And Lambskin Exports

Exports in GCC

In 2021, overseas shipments of sheep or lamb skins (without wool) were finally on the rise to reach X tons after two years of decline. Overall, exports, however, showed a noticeable reduction. Over the period under review, the exports attained the peak figure at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, sheepskin and lambskin exports rose rapidly to $X in 2021. In general, exports, however, saw a deep contraction. The pace of growth appeared the most rapid in 2017 when exports increased by 60%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Kuwait (X tons) and the United Arab Emirates (X tons) were the largest exporters of sheep or lamb skins (without wool) in GCC, together finishing at near 81% of total exports. Saudi Arabia (X tons) ranks next in terms of the total exports with a 10% share, followed by Oman (8%).

From 2012 to 2021, the biggest increases were recorded for Kuwait (with a CAGR of +12.0%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the United Arab Emirates ($X) remains the largest sheepskin and lambskin supplier in GCC, comprising 54% of total exports. The second position in the ranking was held by Oman ($X), with a 22% share of total exports. It was followed by Saudi Arabia, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value in the United Arab Emirates totaled -8.5%. The remaining exporting countries recorded the following average annual rates of exports growth: Oman (+33.5% per year) and Saudi Arabia (-12.2% per year).

Export Prices by Country

In 2021, the export price in GCC amounted to $X per ton, falling by -16.2% against the previous year. Overall, the export price recorded a pronounced decrease. The growth pace was the most rapid in 2017 when the export price increased by 56%. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Oman ($X per ton), while Kuwait ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Oman (+28.7%), while the other leaders experienced more modest paces of growth.

Sheepskin And Lambskin Imports

Imports in GCC

In 2021, supplies from abroad of sheep or lamb skins (without wool) increased by 105% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a precipitous shrinkage. The growth pace was the most rapid in 2018 when imports increased by 172%. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, sheepskin and lambskin imports surged to $X in 2021. Overall, imports, however, continue to indicate a deep setback. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Oman (X tons) and the United Arab Emirates (X tons) represented roughly 80% of total imports in 2021. It was distantly followed by Saudi Arabia (X tons), mixing up a 14% share of total imports. Bahrain (X tons) and Kuwait (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Kuwait (with a CAGR of +64.1%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Oman ($X) constitutes the largest market for imported sheep or lamb skins (without wool) in GCC, comprising 76% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 15% share of total imports. It was followed by Bahrain, with a 3.1% share.

In Oman, sheepskin and lambskin imports increased at an average annual rate of +71.1% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (-28.7% per year) and Bahrain (-9.2% per year).

Import Prices by Country

In 2021, the import price in GCC amounted to $X per ton, picking up by 40% against the previous year. In general, the import price saw a resilient increase. The pace of growth was the most pronounced in 2020 when the import price increased by 333%. Over the period under review, import prices attained the peak figure in 2021 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Oman ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Oman (+22.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform