Kuwait: Sheepskin And Lambskin Market 2025

Sheepskin And Lambskin Market Size in Kuwait

In 2021, the Kuwaiti sheepskin and lambskin market decreased by -14% to $X for the first time since 2018, thus ending a two-year rising trend. The market value increased at an average annual rate of +3.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Sheepskin and lambskin consumption peaked at $X in 2020, and then declined in the following year.

Sheepskin And Lambskin Production in Kuwait

In value terms, sheepskin and lambskin production contracted slightly to $X in 2021 estimated in export price. Overall, the total production indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +40.2% against 2018 indices. The growth pace was the most rapid in 2013 with an increase of 71% against the previous year. Over the period under review, production attained the maximum level at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

The average yield of sheep or lamb skins (without wool) in Kuwait fell slightly to X kg per head in 2021, dropping by -2.6% on the previous year's figure. Over the period under review, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the yield increased by 2.6% against the previous year. The sheepskin and lambskin yield peaked at X kg per head in 2020, and then dropped modestly in the following year.

In 2021, approx. X heads of animals slaughtered for sheepskin and lambskin production in Kuwait; remaining stable against the year before. This number increased at an average annual rate of +3.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 when the number of producing animals increased by 19%. Over the period under review, this number attained the maximum level at X heads in 2016; however, from 2017 to 2021, producing animals stood at a somewhat lower figure.

Sheepskin And Lambskin Exports

Exports from Kuwait

In 2021, shipments abroad of sheep or lamb skins (without wool) increased by 95% to X tons for the first time since 2016, thus ending a four-year declining trend. In general, exports continue to indicate a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sheepskin and lambskin exports soared to $X in 2021. Over the period under review, exports recorded strong growth. The most prominent rate of growth was recorded in 2013 with an increase of 263% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Lebanon (X tons) was the main destination for sheepskin and lambskin exports from Kuwait, with a 46% share of total exports. Moreover, sheepskin and lambskin exports to Lebanon exceeded the volume sent to the second major destination, Saudi Arabia (X tons), threefold. The third position in this ranking was taken by Turkey (X tons), with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Lebanon stood at +40.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+1.0% per year) and Turkey (+13.0% per year).

In value terms, Hong Kong SAR ($X), Turkey ($X) and Lebanon ($X) appeared to be the largest markets for sheepskin and lambskin exported from Kuwait worldwide, with a combined 74% share of total exports.

Lebanon, with a CAGR of +49.9%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average sheepskin and lambskin export price amounted to $X per ton, falling by -27.3% against the previous year. Over the period under review, the export price, however, continues to indicate mild growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 145% 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 somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Saudi Arabia ($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 Turkey (+19.2%), while the prices for the other major destinations experienced mixed trend patterns.

Sheepskin And Lambskin Imports

Imports into Kuwait

In 2021, supplies from abroad of sheep or lamb skins (without wool) decreased by 0% to X tons, falling for the third year in a row after four years of growth. Over the period under review, imports enjoyed a significant increase. The growth pace was the most rapid in 2016 when imports increased by 1,867%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, sheepskin and lambskin imports amounted to $X in 2021. Overall, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2016 with an increase of 2,078%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, India (X tons) was the main sheepskin and lambskin supplier to Kuwait, with a 91% share of total imports. Moreover, sheepskin and lambskin imports from India exceeded the figures recorded by the second-largest supplier, the UK (X kg), more than tenfold. Pakistan (X kg) ranked third in terms of total imports with a 2.5% share.

From 2013 to 2021, the average annual growth rate of volume from India was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (0.0% per year) and Pakistan (+20.1% per year).

In value terms, the UK ($X) constituted the largest supplier of sheep or lamb skins (without wool) to Kuwait, comprising 61% of total imports. The second position in the ranking was held by India ($X), with a 22% share of total imports. It was followed by Italy, with a 4.1% share.

From 2013 to 2021, the average annual growth rate of value from the UK was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: India (0.0% per year) and Italy (-30.0% per year).

Import Prices by Country

In 2021, the average sheepskin and lambskin import price amounted to $X per ton, standing approx. at the previous year. Over the period under review, the import price recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2017 an increase of 44% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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

From 2013 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+201.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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