MERCOSUR: Sheepskin And Lambskin Market 2024

Sheepskin And Lambskin Market Size in MERCOSUR

The MERCOSUR sheepskin and lambskin market was estimated at $X in 2021, increasing by 5.5% against the previous year. Overall, consumption saw a perceptible curtailment. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Sheepskin And Lambskin Production in MERCOSUR

In value terms, sheepskin and lambskin production expanded sharply to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a abrupt decrease. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2021 were Brazil (X tons), Argentina (X tons) and Peru (X tons), with a combined 84% share of total production. These countries were followed by Uruguay and Chile, which together accounted for a further 13%.

From 2012 to 2021, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Uruguay (with a CAGR of +2.5%), while production for the other leaders experienced mixed trends in the production figures.

In 2021, the average sheepskin and lambskin yield in MERCOSUR fell to X kg per head, waning by -3.2% on 2020. In general, the yield, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 4% against the previous year. The level of yield peaked at X kg per head in 2019; however, from 2020 to 2021, the yield remained at a lower figure.

In 2021, the number of animals slaughtered for sheepskin and lambskin production in MERCOSUR was estimated at X heads, remaining relatively unchanged against the year before. In general, the number of producing animals, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 5.5%. Over the period under review, this number hit record highs at X heads in 2012; however, from 2013 to 2021, producing animals stood at a somewhat lower figure.

Sheepskin And Lambskin Exports

Exports in MERCOSUR

After two years of decline, shipments abroad of sheep or lamb skins (without wool) increased by 74% to X tons in 2021. Over the period under review, exports, however, saw a drastic downturn. The volume of export peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, sheepskin and lambskin exports surged to $X in 2021. In general, exports, however, faced a sharp decrease. The most prominent rate of growth was recorded in 2018 with an increase of 26% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Chile (X tons) represented the major exporter of sheep or lamb skins (without wool), committing 59% of total exports. It was distantly followed by Uruguay (X tons) and Argentina (X tons), together achieving a 36% share of total exports. Peru (X tons) held a minor share of total exports.

Chile was also the fastest-growing in terms of the sheep or lamb skins (without wool) exports, with a CAGR of +4.3% from 2012 to 2021. Uruguay (-18.1%), Peru (-22.2%) and Argentina (-24.1%) illustrated a downward trend over the same period. Chile (+47 p.p.) significantly strengthened its position in terms of the total exports, while Peru, Argentina and Uruguay saw its share reduced by -7.3%, -16.8% and -20.9% from 2012 to 2021, respectively.

In value terms, Chile ($X) emerged as the largest sheepskin and lambskin supplier in MERCOSUR, comprising 52% of total exports. The second position in the ranking was taken by Uruguay ($X), with a 24% share of total exports. It was followed by Peru, with a 15% share.

From 2012 to 2021, the average annual growth rate of value in Chile amounted to -14.1%. In the other countries, the average annual rates were as follows: Uruguay (-30.5% per year) and Peru (-25.5% per year).

Export Prices by Country

In 2021, the export price in MERCOSUR amounted to $X per ton, dropping by -31.4% against the previous year. Overall, the export price saw a deep contraction. The most prominent rate of growth was recorded in 2016 an increase of 0.6% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Peru ($X per ton), while Uruguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Peru (-4.3%), while the other leaders experienced a decline in the export price figures.

Sheepskin And Lambskin Imports

Imports in MERCOSUR

Sheepskin and lambskin imports surged to X tons in 2021, growing by 30% against the year before. Total imports indicated a measured expansion from 2012 to 2021: its volume increased at an average annual rate of +3.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +135.1% against 2017 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 77% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are likely to see steady growth in years to come.

In value terms, sheepskin and lambskin imports surged to $X in 2021. Overall, imports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2018 with an increase of 69%. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Argentina (X tons) was the main importer of sheep or lamb skins (without wool), mixing up 53% of total imports. It was distantly followed by Brazil (X tons) and Uruguay (X tons), together mixing up a 45% share of total imports. Chile (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Chile (with a CAGR of +8.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Argentina ($X) constitutes the largest market for imported sheep or lamb skins (without wool) in MERCOSUR, comprising 55% of total imports. The second position in the ranking was held by Brazil ($X), with a 26% share of total imports. It was followed by Uruguay, with an 18% share.

In Argentina, sheepskin and lambskin imports declined by an average annual rate of -1.4% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Brazil (-15.5% per year) and Uruguay (-14.7% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2021, with an increase of 17% against the previous year. Overall, the import price, however, faced a abrupt decrease. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, 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 2021, the most notable rate of growth in terms of prices was attained by Argentina (-8.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform