Latin America and the Caribbean: Sheepskin And Lambskin Market 2025

Sheepskin And Lambskin Market Size in Latin America and the Caribbean

The Latin American sheepskin and lambskin market contracted modestly to $X in 2022, reducing by -2.1% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Sheepskin And Lambskin Production in Latin America and the Caribbean

In value terms, sheepskin and lambskin production reduced slightly to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2018 with an increase of 120% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

The countries with the highest volumes of production in 2022 were Brazil (X tons), Argentina (X tons) and Peru (X tons), together accounting for 57% of total production. Mexico, Bolivia, Uruguay and Cuba lagged somewhat behind, together accounting for a further 37%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by Bolivia (with a CAGR of +8.6%), while production for the other leaders experienced more modest paces of growth.

The average sheepskin and lambskin yield reached X kg per head in 2022, standing approx. at the year before. The yield figure increased at an average annual rate of +1.2% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 4%. Over the period under review, the sheepskin and lambskin yield reached the peak level at X kg per head in 2019; however, from 2020 to 2022, the yield failed to regain momentum.

In 2022, number of animals slaughtered for sheepskin and lambskin production in Latin America and the Caribbean contracted to X heads, remaining stable against the year before. In general, the number of producing animals, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 5%. The level of producing animals peaked at X heads in 2021, and then declined slightly in the following year.

Sheepskin And Lambskin Exports

Exports in Latin America and the Caribbean

Sheepskin and lambskin exports shrank to X tons in 2022, standing approx. at the previous year. Over the period under review, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 83% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, sheepskin and lambskin exports skyrocketed to $X in 2022. In general, exports faced a significant decline. The most prominent rate of growth was recorded in 2016 with an increase of 37%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Chile (X tons) and Argentina (X tons) represented roughly 75% of total exports in 2022. It was distantly followed by Uruguay (X tons), comprising a 21% share of total exports. Honduras (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Honduras (with a CAGR of +10.7%), while the other leaders experienced a decline in the exports figures.

In value terms, the largest sheepskin and lambskin supplying countries in Latin America and the Caribbean were Chile ($X), Argentina ($X) and Uruguay ($X), together comprising 96% of total exports. These countries were followed by Honduras, which accounted for a further 0.9%.

Among the main exporting countries, Honduras, with a CAGR of +5.0%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, growing by 19% against the previous year. Over the period under review, the export price, however, continues to indicate a deep slump. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Argentina ($X per ton), while Honduras ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Honduras (-5.1%), while the other leaders experienced a decline in the export price figures.

Sheepskin And Lambskin Imports

Imports in Latin America and the Caribbean

In 2022, after two years of growth, there was significant decline in purchases abroad of sheep or lamb skins (without wool), when their volume decreased by -14.8% to X tons. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 75%. Over the period under review, imports hit record highs at X tons in 2021, and then fell in the following year.

In value terms, sheepskin and lambskin imports contracted modestly to $X in 2022. In general, imports saw a abrupt slump. The pace of growth appeared the most rapid in 2018 with an increase of 62%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Argentina (X tons) represented the key importer of sheep or lamb skins (without wool), constituting 49% of total imports. It was distantly followed by Brazil (X tons), Uruguay (X tons) and Chile (X tons), together achieving a 50% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of +17.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Argentina ($X), Brazil ($X) and Uruguay ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for 98% of total imports.

In terms of the main importing countries, Argentina, with a CAGR of -2.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2022, rising by 13% against the previous year. In general, the import price, however, showed a deep slump. The pace of growth was the most pronounced in 2021 an increase of 22% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Uruguay ($X per ton), while Chile ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (-6.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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