Middle East: Prepared Sheep Leather Market 2020

Prepared Sheep Leather Exports

Exports in the Middle East

In 2018, the prepared sheep leather exports in the Middle East totaled X square meters, falling by -X% against the previous year. The total exports indicated mild growth from 2007 to 2018: its volume 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, prepared sheep leather exports decreased by -X% against 2016 indices. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. In that year, prepared sheep leather exports reached their peak of X square meters. From 2017 to 2018, the growth of prepared sheep leather exports failed to regain its momentum.

In value terms, prepared sheep leather exports amounted to $X in 2018. Over the period under review, prepared sheep leather exports, however, continue to indicate buoyant growth. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Over the period under review, prepared sheep leather exports reached their peak figure at $X in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

Exports by Country

Turkey was the key exporter of sheep or lamb skin leather, prepared in the Middle East, with the volume of exports finishing at X square meters, which was approx. X% of total exports in 2018. It was distantly followed by Jordan (X square meters), making up a X% share of total exports. Qatar (X square meters) and Iran (X square meters) took a minor share of total exports.

Exports from Turkey increased at an average annual rate of +X% from 2007 to 2018. At the same time, Qatar (+X%) and Jordan (+X%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing exporter in the Middle East, with a CAGR of +X% from 2007-2018. By contrast, Iran (-X%) illustrated a downward trend over the same period. Turkey (+X p.p.), Jordan (+X p.p.) and Qatar (+X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest prepared sheep leather supplier in the Middle East, comprising X% of total prepared sheep leather exports. The second position in the ranking was occupied by Qatar ($X), with a X% share of total exports. It was followed by Iran, with a X% share.

In Turkey, prepared sheep leather exports 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: Qatar (+X% per year) and Iran (-X% per year).

Export Prices by Country

The prepared sheep leather export price in the Middle East stood at $X per square meter in 2018, going up by X% against the previous year. In general, the prepared sheep leather export price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2013 when the export price increased by X% against the previous year. The level of export price peaked at $X per square meter in 2015; however, from 2016 to 2018, export prices remained at a lower figure.

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

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

Prepared Sheep Leather Imports

Imports in the Middle East

In 2018, approx. X square meters of sheep or lamb skin leather, prepared were imported in the Middle East; dropping by -X% against the previous year. In general, prepared sheep leather imports continue to indicate a drastic contraction. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, prepared sheep leather imports attained their maximum at X square meters in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, prepared sheep leather imports amounted to $X in 2018. Overall, prepared sheep leather imports continue to indicate a deep curtailment. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Over the period under review, prepared sheep leather imports reached their maximum at $X in 2007; however, from 2008 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, Turkey (X square meters) was the major importer of sheep or lamb skin leather, prepared, constituting X% of total imports. Syrian Arab Republic (X square meters) occupied the second position in the ranking, distantly followed by the United Arab Emirates (X square meters). All these countries together occupied approx. X% share of total imports.

From 2007 to 2018, average annual rates of growth with regard to prepared sheep leather imports into Turkey stood at -X%. Syrian Arab Republic experienced a relatively flat trend pattern. the United Arab Emirates (-X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (-X p.p.) and Turkey (-X p.p.) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported sheep or lamb skin leather, prepared in the Middle East, comprising X% of total prepared sheep leather imports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total imports.

In Turkey, prepared sheep leather imports decreased by an average annual rate of -X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: the United Arab Emirates (-X% per year) and Syrian Arab Republic (-X% per year).

Import Prices by Country

In 2018, the prepared sheep leather import price in the Middle East amounted to $X per square meter, dropping by -X% against the previous year. The import price indicated a pronounced increase 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, prepared sheep leather import price decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2013 an increase of X% y-o-y. Over the period under review, the import prices for sheep or lamb skin leather, prepared attained their peak figure at $X per square meter in 2014; however, from 2015 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the United Arab Emirates ($X per square meter), while Syrian Arab Republic ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform