Report Update May 1, 2025

Vietnam - Sheepskin and Lambskin - Market Analysis, Forecast, Size, Trends and Insights

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Vietnam: Sheepskin And Lambskin Market 2025

Sheepskin And Lambskin Market Size in Vietnam

The Vietnamese sheepskin and lambskin market soared to $X in 2021, picking up by 83% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a tangible expansion. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Sheepskin And Lambskin Exports

Exports from Vietnam

In 2021, shipments abroad of sheep or lamb skins (without wool) decreased by 0% to X tons, falling for the second year in a row after three years of growth. Over the period under review, exports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2019 with an increase of 30%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, sheepskin and lambskin exports stood at $X in 2021. Overall, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2019 when exports increased by 51% against the previous year. 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

Lao People's Democratic Republic (X tons) was the main destination for sheepskin and lambskin exports from Vietnam, accounting for a approx. 96% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Lao People's Democratic Republic was relatively modest.

From 2012 to 2021, the average annual growth rate of value to Lao People's Democratic Republic was relatively modest.

Export Prices by Country

In 2021, the average sheepskin and lambskin export price amounted to $X per ton, leveling off at the previous year. Over the period under review, the export price showed a modest expansion. The pace of growth appeared the most rapid in 2013 an increase of 159% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Lao People's Democratic Republic.

From 2012 to 2021, the rate of growth in terms of prices for Indonesia amounted to 0.0% per year.

Sheepskin And Lambskin Imports

Imports into Vietnam

In 2021, approx. X tons of sheep or lamb skins (without wool) were imported into Vietnam; increasing by 59% on the year before. Overall, imports saw a moderate increase. The most prominent rate of growth was recorded in 2018 when imports increased by 266% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, sheepskin and lambskin imports soared to $X in 2021. Over the period under review, imports, however, saw a noticeable shrinkage. The growth pace was the most rapid in 2015 when imports increased by 336% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Hong Kong SAR (X tons) constituted the largest sheepskin and lambskin supplier to Vietnam, with a 69% share of total imports. Moreover, sheepskin and lambskin imports from Hong Kong SAR exceeded the figures recorded by the second-largest supplier, New Zealand (X tons), twofold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Hong Kong SAR amounted to +3.4%. The remaining supplying countries recorded the following average annual rates of imports growth: New Zealand (+40.8% per year) and South Africa (-26.1% per year).

In value terms, New Zealand ($X) constituted the largest supplier of sheep or lamb skins (without wool) to Vietnam, comprising 62% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 28% share of total imports.

From 2012 to 2021, the average annual growth rate of value from New Zealand stood at +47.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (-12.3% per year) and South Africa (-33.4% per year).

Import Prices by Country

The average sheepskin and lambskin import price stood at $X per ton in 2021, growing by 85% against the previous year. Over the period under review, the import price, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2016 an increase of 119%. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

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 New Zealand ($X per ton), while the price for Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Jordan (+420.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sheep or lamb skins (without wool) in the world?

China constituted the country with the largest volume of sheepskin and lambskin consumption, comprising approx. 44% of total volume. Moreover, sheepskin and lambskin consumption in China exceeded the figures recorded by the second-largest consumer, Mongolia, more than tenfold. Turkey ranked third in terms of total consumption with a 3% share.

What are the largest producers of sheep or lamb skins (without wool) in the world?

China constituted the country with the largest volume of sheepskin and lambskin production, comprising approx. 32% of total volume. Moreover, sheepskin and lambskin production in China exceeded the figures recorded by the second-largest producer, Australia, fourfold. The third position in this ranking was occupied by New Zealand, with a 4.3% share.

What are the leading suppliers of sheep or lamb skins (without wool) to Vietnam?

In value terms, Hong Kong SAR, Italy and New Zealand were the largest sheepskin and lambskin suppliers to Vietnam, with a combined 87% share of total imports.

What is the average export price for sheep or lamb skins (without wool) in Vietnam?

In 2019, the average sheepskin and lambskin export price amounted to $28,575 per ton, rising by 219% against the previous year.

What is the average import price for sheep or lamb skins (without wool) in Vietnam?

In 2020, the average sheepskin and lambskin import price amounted to $627 per ton, increasing by 86% against the previous year.

This report provides an in-depth analysis of the sheepskin and lambskin market in Vietnam. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 995 - Sheepskins, fresh
FCL 996 - Skins, Wet-Salted (Sheep)
FCL 997 - Skins, Dry-Salted (Sheep)
FCL 998 - Skins nes, Sheep
FCL 999 - Skins with Wool, Sheep

Country coverage:

Vietnam

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Vietnam
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Producing Animals Slaughtered, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024