Scandinavia: Sheep Leather Market 2025

Sheep Leather Market Size in Scandinavia

The Scandinavia sheep leather market soared to $X in 2021, picking up by 18% against the previous year. The total consumption indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -14.0% against 2019 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Sheep Leather Production in Scandinavia

In value terms, sheep leather production surged to $X in 2021 estimated in export price. The total production indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -15.0% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by 46%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Sheep Leather Exports

Exports in Scandinavia

Sheep leather exports surged to X square meters in 2021, jumping by 133% on the year before. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 470%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in years to come.

In value terms, sheep leather exports surged to $X in 2021. In general, exports saw a strong increase. The pace of growth appeared the most rapid in 2016 with an increase of 471%. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in years to come.

Exports by Country

Norway was the major exporter of sheep or lamb skin leather in Scandinavia, with the volume of exports resulting at X square meters, which was near 61% of total exports in 2021. It was distantly followed by Sweden (X square meters), committing a 38% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Norway (with a CAGR of +33.8%).

In value terms, Sweden ($X) emerged as the largest sheep leather supplier in Scandinavia, comprising 79% of total exports. The second position in the ranking was held by Norway ($X), with a 21% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Sweden totaled +20.9%.

Export Prices by Country

In 2021, the export price in Scandinavia amounted to $X per square meter, dropping by -10.7% against the previous year. Over the period under review, the export price recorded a abrupt setback. The pace of growth appeared the most rapid in 2018 an increase of 74% against the previous year. Over the period under review, the export prices attained the maximum at $X per square meter in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Sweden ($X per square meter), while Norway amounted to $X per square meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (-9.0%).

Sheep Leather Imports

Imports in Scandinavia

In 2021, supplies from abroad of sheep or lamb skin leather decreased by -76% to X square meters, falling for the second year in a row after two years of growth. Overall, imports showed a deep slump. The pace of growth was the most pronounced in 2016 when imports increased by 57% against the previous year. Over the period under review, imports hit record highs at X square meters in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, sheep leather imports shrank notably to $X in 2021. In general, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of 162% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Norway (X square meters) was the largest importer of sheep or lamb skin leather, creating 75% of total imports. Iceland (X square meters) held the second position in the ranking, followed by Denmark (X square meters) and Sweden (X square meters). All these countries together held near 25% share of total imports.

Norway was also the fastest-growing in terms of the sheep or lamb skin leather imports, with a CAGR of +15.5% from 2012 to 2021. At the same time, Iceland (+14.2%) and Denmark (+7.9%) displayed positive paces of growth. By contrast, Sweden (-12.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Norway, Iceland, Denmark and Sweden increased by +72, +11, +8 and +2.9 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Norway ($X) constitutes the largest market for imported sheep or lamb skin leather in Scandinavia, comprising 77% of total imports. The second position in the ranking was held by Iceland ($X), with a 9.6% share of total imports. It was followed by Denmark, with an 8.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Norway amounted to +13.2%. In the other countries, the average annual rates were as follows: Iceland (+11.4% per year) and Denmark (+16.7% per year).

Import Prices by Country

The import price in Scandinavia stood at $X per square meter in 2021, increasing by 57% against the previous year. Over the period under review, the import price enjoyed a strong expansion. The most prominent rate of growth was recorded in 2013 when the import price increased by 83% against the previous year. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Norway ($X per square meter) and Sweden ($X per square meter), while Iceland ($X per square meter) and Denmark ($X per square meter) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+8.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform