Greece: Sheepskin And Lambskin Market 2024

Sheepskin And Lambskin Market Size in Greece

The Greek sheepskin and lambskin market contracted sharply to $X in 2021, declining by -23.2% against the previous year. Overall, consumption faced a abrupt decrease. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Sheepskin And Lambskin Production in Greece

In value terms, sheepskin and lambskin production reduced to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a deep setback. The most prominent rate of growth was recorded in 2018 when the production volume increased by 28%. Sheepskin and lambskin production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

The average yield of sheep or lamb skins (without wool) in Greece expanded sharply to X kg per head in 2021, with an increase of 5.9% against 2020. Over the period under review, the yield, however, recorded a noticeable descent. Over the period under review, the average sheepskin and lambskin yield reached the peak level at X kg per head in 2014; however, from 2015 to 2021, the yield stood at a somewhat lower figure.

In 2021, the number of animals slaughtered for sheepskin and lambskin production in Greece fell slightly to X heads, remaining stable against the previous year's figure. In general, the number of producing animals saw a pronounced setback. The most prominent rate of growth was recorded in 2018 when the number of producing animals increased by 19%. Over the period under review, this number reached the peak level at X heads in 2012; however, from 2013 to 2021, producing animals stood at a somewhat lower figure.

Sheepskin And Lambskin Exports

Exports from Greece

Sheepskin and lambskin exports from Greece surged to X tons in 2021, rising by 31% on the previous year. In general, exports, however, recorded a noticeable downturn. The pace of growth was the most pronounced in 2017 when exports increased by 39%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, sheepskin and lambskin exports skyrocketed to $X in 2021. Overall, exports, however, saw a abrupt contraction. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Turkey (X tons) was the main destination for sheepskin and lambskin exports from Greece, accounting for a 77% share of total exports. Moreover, sheepskin and lambskin exports to Turkey exceeded the volume sent to the second major destination, Spain (X tons), sixfold. Romania (X tons) ranked third in terms of total exports with a 5.2% share.

From 2012 to 2021, the average annual growth rate of volume to Turkey was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+18.9% per year) and Romania (+37.4% per year).

In value terms, the largest markets for sheepskin and lambskin exported from Greece were Turkey ($X), Spain ($X) and Romania ($X), together accounting for 93% of total exports.

In terms of the main countries of destination, Romania, with a CAGR of +30.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average sheepskin and lambskin export price stood at $X per ton in 2021, with an increase of 7.6% against the previous year. Over the period under review, the export price, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2018 an increase of 24%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Albania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+4.0%), while the prices for the other major destinations experienced a decline.

Sheepskin And Lambskin Imports

Imports into Greece

In 2021, supplies from abroad of sheep or lamb skins (without wool) decreased by -3.8% to X tons, falling for the third consecutive year after two years of growth. In general, imports, however, saw resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of 316%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, sheepskin and lambskin imports reached $X in 2021. Overall, imports recorded a pronounced slump. The most prominent rate of growth was recorded in 2018 with an increase of 156%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Cyprus (X tons) constituted the largest supplier of sheepskin and lambskin to Greece, accounting for a 72% share of total imports. Moreover, sheepskin and lambskin imports from Cyprus exceeded the figures recorded by the second-largest supplier, Italy (X tons), sevenfold. The third position in this ranking was taken by Bulgaria (X tons), with a 7.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Cyprus totaled +21.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-2.7% per year) and Bulgaria (+147.9% per year).

In value terms, the largest sheepskin and lambskin suppliers to Greece were Cyprus ($X), Italy ($X) and Australia ($X), with a combined 81% share of total imports. These countries were followed by Bulgaria, Albania and North Macedonia, which together accounted for a further 15%.

Bulgaria, with a CAGR of +115.1%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average sheepskin and lambskin import price amounted to $X per ton, increasing by 5.3% against the previous year. In general, the import price, however, recorded a drastic downturn. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Cyprus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by North Macedonia (+24.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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