Ukraine: Sheep Leather Market 2024

Sheep Leather Market Size in Ukraine

The Ukrainian sheep leather market expanded notably to $X in 2021, with an increase of 12% against the previous year. Overall, the total consumption indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +3.4% 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 -9.6% against 2019 indices. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Sheep Leather Production in Ukraine

In value terms, sheep leather production rose remarkably to $X in 2021 estimated in export price. Over the period under review, the total production indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +3.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -9.2% against 2019 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by 29%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Sheep Leather Exports

Exports from Ukraine

In 2021, shipments abroad of sheep or lamb skin leather decreased by -16.4% to X square meters, falling for the third consecutive year after two years of growth. Over the period under review, exports continue to indicate a sharp curtailment. The growth pace was the most rapid in 2018 when exports increased by 79%. Over the period under review, the exports reached the peak figure at X square meters in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, sheep leather exports fell to $X in 2021. In general, exports recorded a dramatic decline. The pace of growth was the most pronounced in 2018 with an increase of 63%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Italy (X square meters) and India (X square meters) were the main destinations of sheep leather exports from Ukraine.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of -11.4%).

In value terms, Italy ($X) remains the key foreign market for sheep or lamb skin leather exports from Ukraine, comprising 67% of total exports. The second position in the ranking was taken by India ($X), with a 33% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Italy totaled -2.8%.

Export Prices by Country

In 2021, the average sheep leather export price amounted to $X per square meter, rising by 8.8% against the previous year. Over the last nine years, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2015 an increase of 12%. Over the period under review, the average export prices reached the maximum in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per square meter), while the average price for exports to India stood at $X per square meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+9.7%).

Sheep Leather Imports

Imports into Ukraine

In 2021, approx. X square meters of sheep or lamb skin leather were imported into Ukraine; which is down by -74.9% against 2020 figures. Over the period under review, imports faced a sharp reduction. The pace of growth appeared the most rapid in 2015 when imports increased by 203%. As a result, imports attained the peak of X square meters. From 2016 to 2021, the growth of imports failed to regain momentum.

In value terms, sheep leather imports contracted notably to $X in 2021. In general, imports continue to indicate a significant decline. The pace of growth appeared the most rapid in 2013 when imports increased by 84% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Italy (X square meters) constituted the largest sheep leather supplier to Ukraine, with a 67% share of total imports. Moreover, sheep leather imports from Italy exceeded the figures recorded by the second-largest supplier, Turkey (X square meters), twofold.

From 2012 to 2021, the average annual growth rate of volume from Italy totaled -27.1%.

In value terms, Italy ($X) constituted the largest supplier of sheep or lamb skin leather to Ukraine, comprising 93% of total imports. The second position in the ranking was taken by Turkey ($X), with a 7% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Italy amounted to -25.1%.

Import Prices by Country

In 2021, the average sheep leather import price amounted to $X per square meter, shrinking by -23% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 357% against the previous year. The import price peaked at $X per square meter in 2020, and then reduced notably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per square meter), while the price for Turkey amounted to $X per square meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+2.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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