Malawi: Sheepskin And Lambskin Market 2020

Sheepskin And Lambskin Market Size in Malawi

The revenue of the sheepskin and lambskin market in Malawi amounted to $X in 2018, growing by X% against the previous year. In general, sheepskin and lambskin consumption continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2009 when the market value increased by X% against the previous year. Over the period under review, the sheepskin and lambskin market reached its maximum level in 2018 and is likely to continue its growth in the near future.

Sheepskin And Lambskin Production in Malawi

In value terms, sheepskin and lambskin production amounted to $X in 2018 estimated in export prices. Overall, sheepskin and lambskin production continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2013 when production volume increased by X% year-to-year. Malawi sheepskin and lambskin production peaked in 2018 and is likely to continue its growth in the near future.

Sheepskin And Lambskin Exports

Exports from Malawi

In 2018, the amount of sheep or lamb skins (without wool) exported from Malawi totaled X kg, dropping by -X% against the previous year. Over the period under review, sheepskin and lambskin exports continue to indicate a dramatic decrease. The most prominent rate of growth was recorded in 2008 when exports decreased by -X% against the previous year. Malawi exports peaked at X tons in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, sheepskin and lambskin exports totaled $X in 2018. Over the period under review, sheepskin and lambskin exports continue to indicate a dramatic setback. The most prominent rate of growth was recorded in 2018 when exports decreased by -X% against the previous year. Malawi exports peaked at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Australia was the main exporter of sheep or lamb skins (without wool) in the world, with the volume of exports amounting to X tons, which was near X% of total exports in 2018. The UK (X tons) ranks second in terms of the total exports with a X% share, followed by New Zealand (X%). Ireland (X tons), South Africa (X tons), France (X tons), Spain (X tons) and the U.S. (X tons) followed a long way behind the leaders.

Australia experienced a relatively flat trend pattern of sheep or lamb skins (without wool) exports. At the same time, Ireland (+X%), New Zealand (+X%), South Africa (+X%) and the UK (+X%) displayed positive paces of growth. Moreover, Ireland emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, the U.S. (-X%), France (-X%) and Spain (-X%) illustrated a downward trend over the same period. New Zealand (+X p.p.), Australia (+X p.p.), Ireland (+X p.p.) and the UK (+X p.p.) significantly strengthened its position in terms of the global exports, while France and Spain saw its share reduced by -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest sheepskin and lambskin supplier from Malawi, comprising X% of global exports. The second position in the ranking was occupied by the UK ($X), with a X% share of global exports. It was followed by Spain, with a X% share.

In Australia, sheepskin and lambskin exports remained relatively stable over the period from 2007-2018. In the other countries, the average annual rates were as follows: the UK (-X% per year) and Spain (-X% per year).

Export Prices by Country

In 2018, the sheepskin and lambskin export price in Malawi amounted to $X per ton, remaining relatively unchanged against the previous year. In general, the export price indicated a buoyant expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, sheepskin and lambskin export price increased by +X% against 2007 indices. The growth pace was the most rapid in 2010 an increase of X% y-o-y. Malawi export price peaked at $X per ton in 2016; afterwards, it flattened through to 2018.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by South Africa, while the other leaders experienced mixed trends in the export price figures.

Sheepskin And Lambskin Imports

Imports by Country

In 2018, China (X tons) was the key importer of sheep or lamb skins (without wool), comprising X% of total imports. It was distantly followed by Turkey (X tons), committing a X% share of total imports. The following importers - Spain (X tons) and Russia (X tons) - each finished at a X% share of total imports.

China was also the fastest-growing in terms of the sheep or lamb skins (without wool) imports, with a CAGR of +X% from 2007 to 2018. Spain (-X%), Russia (-X%) and Turkey (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of China increased by +X% percentage points, while Russia (-X p.p.) and Turkey (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported sheep or lamb skins (without wool) into Malawi, comprising X% of global imports. The second position in the ranking was occupied by Turkey ($X), with a X% share of global imports. It was followed by Spain, with a X% share.

In China, sheepskin and lambskin imports expanded at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Turkey (-X% per year) and Spain (-X% per year).

Import Prices by Country

The sheepskin and lambskin import price in Malawi stood at $X per ton in 2018, approximately mirroring the previous year. Over the period under review, the sheepskin and lambskin import price continues to indicate a relatively flat trend pattern. Malawi import price peaked at $X per ton in 2012; however, from 2013 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Spain ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform