Togo: Sheepskin And Lambskin Market 2020

Sheepskin And Lambskin Market Size in Togo

The revenue of the sheepskin and lambskin market in Togo amounted to $X in 2018, surging by X% against the previous year. Overall, the total market indicated a resilient expansion from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, sheepskin and lambskin consumption increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Over the period under review, the sheepskin and lambskin market attained its peak figure level in 2018 and is expected to retain its growth in the immediate term.

Sheepskin And Lambskin Production in Togo

In value terms, sheepskin and lambskin production amounted to $X in 2018 estimated in export prices. Overall, sheepskin and lambskin production continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2010 when production volume increased by X% y-o-y. Togo sheepskin and lambskin production peaked in 2018 and is likely to see steady growth in the near future.

Sheepskin And Lambskin Exports

Exports from Togo

In 2018, the sheepskin and lambskin exports from Togo totaled X tons, going up by X% against the previous year. Overall, sheepskin and lambskin exports, however, continue to indicate a moderate drop. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, sheepskin and lambskin exports attained their maximum at X tons in 2011; however, from 2012 to 2018, exports failed to regain their momentum.

In value terms, sheepskin and lambskin exports totaled $X in 2018. Overall, sheepskin and lambskin exports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Togo exports peaked at $X in 2011; however, from 2012 to 2018, exports remained at a lower figure.

Exports by Country

In 2018, Australia (X tons) was the key exporter of sheep or lamb skins (without wool), generating X% of total exports. The UK (X tons) ranks second in terms of the total exports with a X% share, followed by New Zealand (X%). Ireland (X tons), South Africa (X tons), France (X tons), Spain (X tons) and the U.S. (X tons) followed a long way behind the leaders.

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 ($X) remains the largest sheepskin and lambskin supplier from Togo, comprising X% of global exports. The second position in the ranking was occupied by the UK ($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

In 2018, the sheepskin and lambskin export price in Togo amounted to $X per ton, picking up by X% against the previous year. Overall, the sheepskin and lambskin export price continues to indicate an extraordinary expansion. The most prominent rate of growth was recorded in 2010 when the export price increased by X% against the previous year. Over the period under review, the export prices for sheep or lamb skins (without wool) attained their maximum in 2018 and is expected to retain its growth in the near future.

Prices varied noticeably by the country of origin; 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 major importer of sheep or lamb skins (without wool) in the world, with the volume of imports reaching X tons, which was near X% of total imports in 2018. It was distantly followed by Turkey (X tons), making up a X% share of total imports. The following importers - Spain (X tons) and Russia (X tons) - each recorded 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. From 2007 to 2018, the share of China increased by +X% percentage points, while Russia (-X p.p.) and Turkey (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2018, the average annual growth rate of value in China totaled +X%. 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 Togo amounted to $X per ton, approximately reflecting the previous year. Overall, the sheepskin and lambskin import price continues to indicate a relatively flat trend pattern. Over the period under review, the import prices for sheep or lamb skins (without wool) reached their peak figure at $X per ton in 2012; however, from 2013 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, 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