Lebanon: Sheepskin And Lambskin Market 2020

Sheepskin And Lambskin Market Size in Lebanon

The revenue of the sheepskin and lambskin market in Lebanon amounted to $X in 2018, leveling off at the previous year. In general, sheepskin and lambskin consumption continues to indicate a relatively flat trend pattern. Over the period under review, the sheepskin and lambskin market attained its maximum level in 2018 and is likely to continue its growth in the near future.

Sheepskin And Lambskin Production in Lebanon

In value terms, sheepskin and lambskin production stood at $X in 2018 estimated in export prices. Over the period under review, sheepskin and lambskin production, however, continues to indicate a drastic decline. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Over the period under review, sheepskin and lambskin production attained its peak figure level at $X in 2009; however, from 2010 to 2018, production stood at a somewhat lower figure.

Sheepskin And Lambskin Exports

Exports from Lebanon

In 2018, the exports of sheep or lamb skins (without wool) from Lebanon stood at X tons, declining by -X% against the previous year. Over the period under review, sheepskin and lambskin exports continue to indicate an abrupt curtailment. The pace of growth appeared the most rapid in 2012 with an increase of X% against the previous year. Over the period under review, sheepskin and lambskin exports attained their peak figure at X tons in 2008; however, from 2009 to 2018, exports failed to regain their momentum.

In value terms, sheepskin and lambskin exports totaled $X in 2018. In general, sheepskin and lambskin exports continue to indicate a precipitous setback. The growth pace was the most rapid in 2012 when exports increased by X% y-o-y. Over the period under review, sheepskin and lambskin exports reached their peak figure at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Turkey (X tons) was the main destination for sheepskin and lambskin exports from Lebanon, with a X% share of total exports. Moreover, sheepskin and lambskin exports to Turkey exceeded the volume sent to the second major destination, China (X tons), sixfold. China, Hong Kong SAR (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Turkey amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-X% per year) and China, Hong Kong SAR (+X% per year).

In value terms, Turkey ($X) remains the key foreign market for sheepskin and lambskin exports from Lebanon, comprising X% of total sheepskin and lambskin exports. The second position in the ranking was occupied by Egypt ($X), with a X% share of total exports. It was followed by Syrian Arab Republic, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to Turkey stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (-X% per year) and Syrian Arab Republic (-X% per year).

Export Prices by Country

In 2018, the average sheepskin and lambskin export price amounted to $X per ton, coming down by -X% against the previous year. In general, the sheepskin and lambskin export price continues to indicate a mild decline. The most prominent rate of growth was recorded in 2015 an increase of X% y-o-y. The export price peaked at $X per ton in 2016; however, from 2017 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Egypt ($X per ton), while the average price for exports to China, Hong Kong SAR ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Syrian Arab Republic, while the prices for the other major destinations experienced a decline.

Sheepskin And Lambskin Imports

Imports into Lebanon

In 2018, the sheepskin and lambskin imports into Lebanon amounted to X tons, waning by -X% against the previous year. Overall, sheepskin and lambskin imports, however, continue to indicate remarkable growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% y-o-y. In that year, sheepskin and lambskin imports reached their peak of X tons. From 2014 to 2018, the growth of sheepskin and lambskin imports remained at a lower figure.

In value terms, sheepskin and lambskin imports amounted to $X in 2018. In general, sheepskin and lambskin imports, however, continue to indicate a slight increase. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Imports peaked at $X in 2013; however, from 2014 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, Cyprus (X tons) constituted the largest sheepskin and lambskin supplier to Lebanon, accounting for a X% share of total imports. Moreover, sheepskin and lambskin imports from Cyprus exceeded the figures recorded by the second-largest supplier, the UK (X tons), twofold. The third position in this ranking was occupied by Kuwait (X tons), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Cyprus totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+X% per year) and Kuwait (X% per year).

In value terms, Cyprus ($X) constituted the largest supplier of sheepskin and lambskin to Lebanon, comprising X% of total sheepskin and lambskin imports. The second position in the ranking was occupied by the UK ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from Cyprus amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+X% per year) and Germany (-X% per year).

Import Prices by Country

In 2018, the average sheepskin and lambskin import price amounted to $X per ton, approximately equating the previous year. In general, the sheepskin and lambskin import price, however, continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% y-o-y. The import price peaked at $X per ton in 2012; however, from 2013 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Spain ($X per ton), while the price for Sudan ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Spain, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform