Nepal: Sheepskin And Lambskin Market 2025

Sheepskin And Lambskin Market Size in Nepal

The Nepalese sheepskin and lambskin market fell to $X in 2022, which is down by -3.6% against the previous year. Overall, consumption showed a noticeable descent. The most prominent rate of growth was recorded in 2021 with an increase of 7.8%. Sheepskin and lambskin consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Sheepskin And Lambskin Production in Nepal

In value terms, sheepskin and lambskin production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 7.2% against the previous year. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

In 2022, the average sheepskin and lambskin yield in Nepal fell to X kg per head, waning by -7.1% on the previous year's figure. Overall, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 7.7%. As a result, the yield reached the peak level of X kg per head, and then fell in the following year.

In 2022, approx. X heads of animals slaughtered for sheepskin and lambskin production in Nepal; therefore, remained relatively stable against the previous year. Overall, 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 0.9%. As a result, the number of animals produced reached the peak level of X heads. From 2021 to 2022, the growth of this number remained at a lower figure.

Sheepskin And Lambskin Exports

Exports from Nepal

In 2022, overseas shipments of sheep or lamb skins (without wool) increased by 0.2% to X tons, rising for the third year in a row after two years of decline. Over the period under review, exports posted a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 1,091%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the near future.

In value terms, sheepskin and lambskin exports contracted modestly to $X in 2022. Overall, exports saw significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 872%. The exports peaked at $X in 2021, and then shrank slightly in the following year.

Exports by Country

The United States (X tons) was the main destination for sheepskin and lambskin exports from Nepal, accounting for a 73% share of total exports. Moreover, sheepskin and lambskin exports to the United States exceeded the volume sent to the second major destination, Russia (X kg), fourfold. France (X kg) ranked third in terms of total exports with a 4.5% share.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled +88.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+77.6% per year) and France (+53.2% per year).

In value terms, the United States ($X) remains the key foreign market for sheep or lamb skins (without wool) exports from Nepal, comprising 92% of total exports. The second position in the ranking was taken by Russia ($X), with a 3.8% share of total exports. It was followed by France, with a 2.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled +75.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+20.9% per year) and France (+31.0% per year).

Export Prices by Country

In 2022, the average sheepskin and lambskin export price amounted to $X per ton, approximately equating the previous year. In general, the export price showed a abrupt downturn. The growth pace was the most rapid in 2015 when the average export price increased by 37%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-6.9%), while the prices for the other major destinations experienced a decline.

Sheepskin And Lambskin Imports

Imports into Nepal

Sheepskin and lambskin imports into Nepal dropped remarkably to X kg in 2022, declining by -43.7% against 2021 figures. Over the period under review, imports showed a dramatic downturn. The growth pace was the most rapid in 2021 with an increase of 661%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, sheepskin and lambskin imports declined sharply to $X in 2022. In general, imports saw a significant decrease. The most prominent rate of growth was recorded in 2021 with an increase of 348%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, India (X kg) was the main supplier of sheepskin and lambskin to Nepal, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from India stood at -35.0%.

In value terms, India ($X) constituted the largest supplier of sheep or lamb skins (without wool) to Nepal.

From 2012 to 2022, the average annual growth rate of value from India totaled -31.6%.

Import Prices by Country

In 2022, the average sheepskin and lambskin import price amounted to $X per ton, increasing by 8.5% against the previous year. Over the period under review, the import price saw buoyant growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 78%. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +5.2% per year.

Source: IndexBox Platform