Global Sheepskin And Lambskin Market 2024

Sheepskin And Lambskin Market Size

The global sheepskin and lambskin market contracted slightly to $X in 2021, declining by -2.4% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the global market remained at a somewhat lower figure.

Sheepskin And Lambskin Production

In value terms, sheepskin and lambskin production contracted to $X in 2021 estimated in export price. In general, production, however, recorded a slight curtailment. The most prominent rate of growth was recorded in 2015 when the production volume increased by 40% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2021, global production growth failed to regain momentum.

China (X tons) constituted the country with the largest volume of sheepskin and lambskin production, accounting for 29% of total volume. Moreover, sheepskin and lambskin production in China exceeded the figures recorded by the second-largest producer, Australia (X tons), twofold. New Zealand (X tons) ranked third in terms of total production with a 4% share.

In China, sheepskin and lambskin production expanded at an average annual rate of +2.7% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Australia (+4.6% per year) and New Zealand (-0.1% per year).

In 2021, the global average sheepskin and lambskin yield contracted modestly to X kg per head, stabilizing at the year before. Over the period under review, the yield showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of 1.7% against the previous year. The global yield peaked at X kg per head in 2012; however, from 2013 to 2021, the yield failed to regain momentum.

In 2021, global number of animals slaughtered for sheepskin and lambskin production stood at X heads, with an increase of 2.6% on the previous year's figure. This number increased at an average annual rate of +2.2% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when the number of producing animals increased by 3% against the previous year. Over the period under review, this number reached the maximum level in 2021 and is likely to see gradual growth in years to come.

Sheepskin And Lambskin Exports

Exports

After three years of decline, overseas shipments of sheep or lamb skins (without wool) increased by 38% to X tons in 2021. Over the period under review, exports, however, showed a noticeable contraction. Over the period under review, the global exports attained the peak figure at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, sheepskin and lambskin exports surged to $X in 2021. Overall, exports, however, continue to indicate a deep contraction. The global exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Australia was the largest exporting country with an export of about X tons, which recorded 52% of total exports. It was distantly followed by the UK (X tons), South Africa (X tons) and New Zealand (X tons), together comprising a 22% share of total exports. Ireland (X tons), Spain (X tons), France (X tons), Italy (X tons) and Greece (X tons) took a minor share of total exports.

From 2012 to 2021, average annual rates of growth with regard to sheepskin and lambskin exports from Australia stood at +1.2%. At the same time, South Africa (+1.3%) displayed positive paces of growth. Moreover, South Africa emerged as the fastest-growing exporter exported in the world, with a CAGR of +1.3% from 2012-2021. Italy experienced a relatively flat trend pattern. By contrast, Ireland (-2.1%), the UK (-2.7%), Greece (-3.2%), France (-3.6%), New Zealand (-11.3%) and Spain (-17.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Australia and South Africa increased by +17 and +1.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest sheepskin and lambskin supplier worldwide, comprising 42% of global exports. The second position in the ranking was taken by Spain ($X), with a 9.9% share of global exports. It was followed by South Africa, with a 5.9% share.

In Australia, sheepskin and lambskin exports shrank by an average annual rate of -6.8% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Spain (-11.2% per year) and South Africa (-8.5% per year).

Export Prices by Country

In 2021, the average sheepskin and lambskin export price amounted to $X per ton, approximately reflecting the previous year. Over the period under review, the export price recorded a deep setback. The pace of growth appeared the most rapid in 2013 an increase of 7.9% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+7.2%), while the other global leaders experienced a decline in the export price figures.

Sheepskin And Lambskin Imports

Imports

In 2021, after three years of decline, there was growth in overseas purchases of sheep or lamb skins (without wool), when their volume increased by 1.3% to X tons. Over the period under review, imports, however, recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2017 when imports increased by 24% against the previous year. Global imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, sheepskin and lambskin imports soared to $X in 2021. In general, imports, however, showed a drastic downturn. Over the period under review, global imports attained the maximum at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

China represented the main importing country with an import of about X tons, which accounted for 70% of total imports. It was distantly followed by Turkey (X tons), creating a 14% share of total imports. Italy (X tons) and Spain (X tons) held a little share of total imports.

China was also the fastest-growing in terms of the sheep or lamb skins (without wool) imports, with a CAGR of -2.0% from 2012 to 2021. Spain (-2.4%), Turkey (-4.7%) and Italy (-5.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China increased by +7.4 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported sheep or lamb skins (without wool) worldwide, comprising 49% of global imports. The second position in the ranking was held by Italy ($X), with a 12% share of global imports. It was followed by Turkey, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China amounted to -12.2%. The remaining importing countries recorded the following average annual rates of imports growth: Italy (-10.1% per year) and Turkey (-18.8% per year).

Import Prices by Country

The average sheepskin and lambskin import price stood at $X per ton in 2021, with an increase of 26% against the previous year. In general, the import price, however, showed a deep downturn. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Italy ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (-3.4%), while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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