Sierra Leone: Sheepskin And Lambskin Market 2020

Sheepskin And Lambskin Market Size in Sierra Leone

The revenue of the sheepskin and lambskin market in Sierra Leone amounted to $X in 2018, growing by X% against the previous year. In general, sheepskin and lambskin consumption continues to indicate remarkable growth. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Over the period under review, the sheepskin and lambskin market reached its maximum level in 2018 and is expected to retain its growth in the immediate term.

Sheepskin And Lambskin Production in Sierra Leone

In value terms, sheepskin and lambskin production totaled $X in 2018 estimated in export prices. Over the period under review, sheepskin and lambskin production continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2010 when production volume increased by X% year-to-year. Sierra Leone sheepskin and lambskin production peaked in 2018 and is expected to retain its growth in the near future.

Sheepskin And Lambskin Exports

Exports from Sierra Leone

In 2018, the amount of sheep or lamb skins (without wool) exported from Sierra Leone stood at X tons, going down by -X% against the previous year. In general, sheepskin and lambskin exports continue to indicate a sharp downturn. The growth pace was the most rapid in 2010 when exports increased by X% year-to-year. Over the period under review, sheepskin and lambskin exports reached their maximum at X tons in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, sheepskin and lambskin exports totaled $X in 2018. Overall, sheepskin and lambskin exports continue to indicate a precipitous deduction. The growth pace was the most rapid in 2010 when exports increased by X% year-to-year. Over the period under review, sheepskin and lambskin exports attained their peak figure at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

Australia was the largest exporting country with an export of around X tons, which resulted at X% of total exports. The UK (X tons) occupied the second position in the ranking, followed by New Zealand (X tons). All these countries together occupied near X% share of total exports. Ireland (X tons), South Africa (X tons), France (X tons), Spain (X tons) and the U.S. (X tons) held a minor share of total exports.

Australia experienced a relatively flat trend pattern of sheep or lamb skins (without wool) exports. At the same time, Ireland (+X%), New Zealand (+X%), South Africa (+X%) and the UK (+X%) displayed positive paces of growth. Moreover, Ireland emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, the U.S. (-X%), France (-X%) and Spain (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of New Zealand, Australia, Ireland and the UK increased by +X%, +X%, +X% and +X% percentage points, while France (-X p.p.) and Spain (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest sheepskin and lambskin supplier from Sierra Leone, comprising X% of global exports. The second position in the ranking was occupied by the UK ($X), with a X% share of global exports. It was followed by Spain, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in Australia was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: the UK (-X% per year) and Spain (-X% per year).

Export Prices by Country

The sheepskin and lambskin export price in Sierra Leone stood at $X per ton in 2018, leveling off at the previous year. Overall, the sheepskin and lambskin export price continues to indicate a significant deduction. The most prominent rate of growth was recorded in 2010 when the export price increased by X% y-o-y. Sierra Leone export price peaked at $X per ton in 2007; however, from 2008 to 2018, export prices stood at a somewhat lower figure.

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

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

Sheepskin And Lambskin Imports

Imports by Country

China represented the largest importer of sheep or lamb skins (without wool) in the world, with the volume of imports finishing at X tons, which was approx. X% of total imports in 2018. It was distantly followed by Turkey (X tons), comprising a X% share of total imports. The following importers - Spain (X tons) and Russia (X tons) - each amounted to a X% share of total imports.

China was also the fastest-growing in terms of the sheep or lamb skins (without wool) imports, with a CAGR of +X% from 2007 to 2018. Spain (-X%), Russia (-X%) and Turkey (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of Russia (-X p.p.) and Turkey (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported sheep or lamb skins (without wool) into Sierra Leone, comprising X% of global imports. The second position in the ranking was occupied by Turkey ($X), with a X% share of global imports. It was followed by Spain, with a X% share.

In China, sheepskin and lambskin imports 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: Turkey (-X% per year) and Spain (-X% per year).

Import Prices by Country

In 2018, the sheepskin and lambskin import price in Sierra Leone amounted to $X per ton, remaining stable against the previous year. In general, the sheepskin and lambskin import price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by the country of destination; the country with the highest price was Spain ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform