Northern America: Sheepskin And Lambskin Market 2024

Sheepskin And Lambskin Market Size in Northern America

The North American sheepskin and lambskin market amounted to $X in 2022, with an increase of 10% against the previous year. Overall, consumption posted a prominent increase. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Sheepskin And Lambskin Production in Northern America

In value terms, sheepskin and lambskin production shrank modestly to $X in 2022 estimated in export price. In general, production showed a pronounced curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 39% against the previous year. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

The United States (X tons) remains the largest sheepskin and lambskin producing country in Northern America, comprising approx. 74% of total volume. Moreover, sheepskin and lambskin production in the United States exceeded the figures recorded by the second-largest producer, Canada (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume in the United States amounted to -4.1%.

In 2022, the average sheepskin and lambskin yield in Northern America amounted to X kg per head, approximately reflecting the previous year. Over the period under review, the yield, however, recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2016 with an increase of 38%. Over the period under review, the sheepskin and lambskin yield attained the peak level at X kg per head in 2017; however, from 2018 to 2022, the yield failed to regain momentum.

In 2022, number of animals slaughtered for sheepskin and lambskin production in Northern America reduced to X heads, therefore, remained relatively stable against the year before. In general, the number of producing animals, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 5.5% against the previous year. The level of producing animals peaked at X heads in 2014; however, from 2015 to 2022, producing animals remained at a lower figure.

Sheepskin And Lambskin Exports

Exports in Northern America

Sheepskin and lambskin exports reduced remarkably to X tons in 2022, waning by -18.6% compared with the previous year's figure. In general, exports showed a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 63% against the previous year. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, sheepskin and lambskin exports contracted to $X in 2022. Over the period under review, exports showed a abrupt decrease. The growth pace was the most rapid in 2021 when exports increased by 69% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United States dominates exports structure, finishing at X tons, which was approx. 97% of total exports in 2022. Canada (X tons) took a relatively small share of total exports.

The United States was also the fastest-growing in terms of the sheep or lamb skins (without wool) exports, with a CAGR of -12.0% from 2012 to 2022. Canada (-20.5%) illustrated a downward trend over the same period. While the share of the United States (+4.2 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Canada (-4.2 p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest sheepskin and lambskin supplier in Northern America, comprising 99% of total exports. The second position in the ranking was taken by Canada ($X), with a 1.5% share of total exports.

In the United States, sheepskin and lambskin exports declined by an average annual rate of -12.9% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per ton, increasing by 16% against the previous year. Overall, the export price, however, continues to indicate a slight setback. The pace of growth was the most pronounced in 2018 an increase of 34% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-1.0%).

Sheepskin And Lambskin Imports

Imports in Northern America

In 2022, purchases abroad of sheep or lamb skins (without wool) was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2013 with an increase of 85% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sheepskin and lambskin imports soared to $X in 2022. Over the period under review, imports, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2018 with an increase of 39%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Canada represented the main importing country with an import of about X tons, which accounted for 88% of total imports. It was distantly followed by the United States (X tons), committing a 12% share of total imports.

Canada was also the fastest-growing in terms of the sheep or lamb skins (without wool) imports, with a CAGR of +1.3% from 2012 to 2022. The United States (-31.8%) illustrated a downward trend over the same period. Canada (+76 p.p.) significantly strengthened its position in terms of the total imports, while the United States saw its share reduced by -75.7% from 2012 to 2022, respectively.

In value terms, Canada ($X) constitutes the largest market for imported sheep or lamb skins (without wool) in Northern America, comprising 83% of total imports. The second position in the ranking was taken by the United States ($X), with a 16% share of total imports.

In Canada, sheepskin and lambskin imports plunged by an average annual rate of -4.5% over the period from 2012-2022.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2022, with a decrease of -7.4% against the previous year. Overall, the import price, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2018 when the import price increased by 51%. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while Canada amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.8%).

Source: IndexBox Platform

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