Sudan: Market for Leather of Bovine and Equine Animals 2025

Market Size for Leather of Bovine and Equine Animals in Sudan

The Sudanese bovine and equine leather market was finally on the rise to reach $X in 2021, after six years of decline. In general, consumption, however, showed a deep downturn. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Production of Leather of Bovine and Equine Animals in Sudan

In value terms, bovine and equine leather production expanded sharply to $X in 2021 estimated in export price. In general, production, however, showed a abrupt decline. The pace of growth was the most pronounced in 2014 when the production volume increased by 73% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Exports of Leather of Bovine and Equine Animals

Exports from Sudan

For the fifth consecutive year, Sudan recorded decline in shipments abroad of leather of bovine and equine animals, which decreased by -14.2% to X tons in 2021. In general, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2016 with an increase of 108% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, bovine and equine leather exports dropped to $X in 2021. Overall, exports faced a abrupt decrease. The most prominent rate of growth was recorded in 2016 with an increase of 118%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia (X tons), Hong Kong SAR (X tons) and Syrian Arab Republic (X tons) were the main destinations of bovine and equine leather exports from Sudan, together accounting for 90% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hong Kong SAR (with a CAGR of +7.3%), while the other leaders experienced a decline.

In value terms, Saudi Arabia ($X) remains the key foreign market for leather of bovine and equine animals exports from Sudan, comprising 98% of total exports. The second position in the ranking was held by Hong Kong SAR ($X), with a 1.3% share of total exports. It was followed by China, with a 0.2% share.

From 2012 to 2021, the average annual growth rate of value to Saudi Arabia stood at -9.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (-23.9% per year) and China (-34.3% per year).

Export Prices by Country

In 2021, the average bovine and equine leather export price amounted to $X per ton, rising by 7.9% against the previous year. Overall, export price indicated a tangible expansion from 2012 to 2021: its price increased at an average annual rate of +3.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, bovine and equine leather export price increased by +15.5% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 69%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+11.5%), while the prices for the other major destinations experienced a decline.

Imports of Leather of Bovine and Equine Animals

Imports into Sudan

In 2021, overseas purchases of leather of bovine and equine animals increased by 20% to X tons, rising for the third consecutive year after four years of decline. In general, imports posted a strong expansion. The pace of growth was the most pronounced in 2020 when imports increased by 192% against the previous year. Imports peaked in 2021 and are likely to continue growth in the near future.

In value terms, bovine and equine leather imports surged to $X in 2021. Over the period under review, imports posted a prominent increase. The growth pace was the most rapid in 2020 with an increase of 133% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the near future.

Imports by Country

In 2021, Uzbekistan (X tons) was the main supplier of bovine and equine leather to Sudan, with a 99% share of total imports. It was followed by Egypt (X kg), with a 0.6% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Uzbekistan was relatively modest.

In value terms, Uzbekistan ($X) constituted the largest supplier of leather of bovine and equine animals to Sudan, comprising 99% of total imports. The second position in the ranking was taken by Egypt ($X), with a 0.6% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Uzbekistan was relatively modest.

Import Prices by Country

The average bovine and equine leather import price stood at $X per ton in 2021, flattening at the previous year. Over the period under review, the import price, however, continues to indicate measured growth. The pace of growth was the most pronounced in 2016 an increase of 66% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Uzbekistan ($X per ton), while the price for Egypt amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+34.0%).

Source: IndexBox Platform

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