Indonesia: Sheepskin And Lambskin Market 2024

Sheepskin And Lambskin Market Size in Indonesia

The Indonesian sheepskin and lambskin market declined to $X in 2022, which is down by -6.8% against the previous year. Over the period under review, the total consumption indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +8.6% against 2020 indices. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Sheepskin And Lambskin Production in Indonesia

In value terms, sheepskin and lambskin production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, posted a noticeable increase. The pace of growth was the most pronounced in 2014 with an increase of 102% against the previous year. Sheepskin and lambskin production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

In 2022, the average yield of sheep or lamb skins (without wool) in Indonesia amounted to X kg per head, flattening at 2021. Over the period under review, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the yield increased by 16%. The sheepskin and lambskin yield peaked at X kg per head in 2019; however, from 2020 to 2022, the yield stood at a somewhat lower figure.

In 2022, the number of animals slaughtered for sheepskin and lambskin production in Indonesia fell modestly to X heads, leveling off at the previous year. This number increased at an average annual rate of +3.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 21%. As a result, the number of producing animals attained the peak level of X heads. From 2019 to 2022, the growth of this number remained at a somewhat lower figure.

Sheepskin And Lambskin Exports

Exports from Indonesia

In 2022, the amount of sheep or lamb skins (without wool) exported from Indonesia fell markedly to X kg, waning by -39% against the previous year's figure. In general, exports showed a abrupt decrease. The growth pace was the most rapid in 2015 when exports increased by 399% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, sheepskin and lambskin exports dropped remarkably to $X in 2022. Over the period under review, exports faced a abrupt decline. The most prominent rate of growth was recorded in 2015 when exports increased by 262% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Malaysia (X kg) was the main destination for sheepskin and lambskin exports from Indonesia, accounting for a 93% share of total exports. Moreover, sheepskin and lambskin exports to Malaysia exceeded the volume sent to the second major destination, Switzerland (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Malaysia stood at -8.1%.

In value terms, Malaysia ($X) emerged as the key foreign market for sheep or lamb skins (without wool) exports from Indonesia, comprising 65% of total exports. The second position in the ranking was taken by Switzerland ($X), with a 24% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Malaysia amounted to -21.2%.

Export Prices by Country

In 2022, the average sheepskin and lambskin export price amounted to $X per ton, growing by 9.5% against the previous year. Over the period under review, the export price, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2014 when the average export price increased by 93%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Malaysia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+165.0%).

Sheepskin And Lambskin Imports

Imports into Indonesia

In 2022, purchases abroad of sheep or lamb skins (without wool) was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 76%. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, sheepskin and lambskin imports rose rapidly to $X in 2022. Over the period under review, total imports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -16.4% against 2019 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 41%. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Australia (X tons) was the main supplier of sheepskin and lambskin to Indonesia, accounting for a 94% share of total imports. It was followed by Taiwan (Chinese) (X tons), with a 2.3% share of total imports. The third position in this ranking was taken by the UK (X tons), with a 1.6% share.

From 2012 to 2022, the average annual growth rate of volume from Australia totaled +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+13.4% per year) and the UK (-9.4% per year).

In value terms, Australia ($X) constituted the largest supplier of sheep or lamb skins (without wool) to Indonesia, comprising 59% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 12% share of total imports. It was followed by the UK, with a 0.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Australia stood at +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+6.6% per year) and the UK (-21.8% per year).

Import Prices by Country

The average sheepskin and lambskin import price stood at $X per ton in 2022, dropping by -26.7% against the previous year. Overall, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sheepskin and lambskin import price increased by +14.5% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 59% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then fell dramatically in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+8.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :