Mexico: Sheepskin And Lambskin Market 2025

Sheepskin And Lambskin Market Size in Mexico

The Mexican sheepskin and lambskin market rose to $X in 2021, growing by 1.5% against the previous year. Over the period under review, the total consumption indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +5.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -1.8% against 2017 indices. Sheepskin and lambskin consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Sheepskin And Lambskin Production in Mexico

In value terms, sheepskin and lambskin production amounted to $X in 2021 estimated in export price. In general, production saw prominent growth. The pace of growth was the most pronounced in 2014 with an increase of 84% against the previous year. Sheepskin and lambskin production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

In 2021, the average yield of sheep or lamb skins (without wool) in Mexico reached X kg per head, with an increase of 2.9% compared with 2020. Overall, the yield continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the yield increased by 2.9%. Over the period under review, the average sheepskin and lambskin yield hit record highs in 2021 and is likely to continue growth in the near future.

The number of animals slaughtered for sheepskin and lambskin production in Mexico stood at X heads in 2021, approximately reflecting 2020. This number increased at an average annual rate of +1.0% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of 1.9%. Over the period under review, this number hit record highs in 2021 and is expected to retain growth in years to come.

Sheepskin And Lambskin Exports

Exports from Mexico

In 2021, shipments abroad of sheep or lamb skins (without wool) increased by 15% to X tons, rising for the fourth consecutive year after five years of decline. In general, exports, however, recorded a abrupt decrease. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, sheepskin and lambskin exports expanded rapidly to $X in 2021. Overall, exports, however, faced a deep slump. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Italy (X tons) was the main destination for sheepskin and lambskin exports from Mexico, with a 98% share of total exports. It was followed by the United States (X tons), with a 1.8% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Italy totaled +65.5%.

In value terms, Italy ($X) remains the key foreign market for sheep or lamb skins (without wool) exports from Mexico, comprising 98% of total exports. The second position in the ranking was taken by the United States ($X), with a 1.4% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Italy totaled +51.4%.

Export Prices by Country

In 2021, the average sheepskin and lambskin export price amounted to $X per ton, falling by -2.8% against the previous year. In general, the export price, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2014 when the average export price increased by 83% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to the United States amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.0%), while the prices for the other major destinations experienced a decline.

Sheepskin And Lambskin Imports

Imports into Mexico

In 2021, overseas purchases of sheep or lamb skins (without wool) were finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. In general, imports, however, recorded a deep contraction. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, sheepskin and lambskin imports surged to $X in 2021. Overall, imports, however, recorded a abrupt decline. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of sheepskin and lambskin to Mexico, with a 63% share of total imports. Moreover, sheepskin and lambskin imports from the United States exceeded the figures recorded by the second-largest supplier, Peru (X tons), threefold. The third position in this ranking was taken by Uruguay (X tons), with a 6.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States totaled -13.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (-12.6% per year) and Uruguay (-14.9% per year).

In value terms, the United States ($X), Peru ($X) and Turkey ($X) appeared to be the largest sheepskin and lambskin suppliers to Mexico, with a combined 84% share of total imports. These countries were followed by Spain, South Africa and Uruguay, which together accounted for a further 11%.

South Africa, with a CAGR of -6.1%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average sheepskin and lambskin import price amounted to $X per ton, falling by -17.3% against the previous year. Over the period under review, the import price saw a noticeable contraction. The pace of growth appeared the most rapid in 2013 an increase of 34%. The import price peaked at $X per ton in 2014; however, from 2015 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 Turkey ($X per ton), while the price for Uruguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-4.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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