Western Africa: Sheepskin And Lambskin Market 2024

Sheepskin And Lambskin Market Size in Western Africa

The West African sheepskin and lambskin market fell slightly to $X in 2022, with a decrease of -3.9% against the previous year. The total consumption indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +4.2% against 2020 indices. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Sheepskin And Lambskin Production in Western Africa

In value terms, sheepskin and lambskin production declined to $X in 2022 estimated in export price. In general, production, however, enjoyed a temperate increase. The growth pace was the most rapid in 2014 with an increase of 67%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Nigeria (X tons) remains the largest sheepskin and lambskin producing country in Western Africa, accounting for 44% of total volume. Moreover, sheepskin and lambskin production in Nigeria exceeded the figures recorded by the second-largest producer, Senegal (X tons), threefold. Mauritania (X tons) ranked third in terms of total production with an 8.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in Nigeria amounted to +2.1%. The remaining producing countries recorded the following average annual rates of production growth: Senegal (+4.3% per year) and Mauritania (+2.0% per year).

The average sheepskin and lambskin yield declined modestly to X kg per head in 2022, flattening at 2021. Overall, the yield, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the yield increased by 4.1% against the previous year. Over the period under review, the sheepskin and lambskin yield reached the maximum level at X kg per head in 2017; however, from 2018 to 2022, the yield remained at a lower figure.

In 2022, approx. X heads of animals slaughtered for sheepskin and lambskin production in Western Africa; flattening at the year before. This number increased at an average annual rate of +2.2% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 6.5% against the previous year. Over the period under review, this number attained the peak level at X heads in 2021, and then reduced modestly in the following year.

Sheepskin And Lambskin Exports

Exports in Western Africa

In 2022, the amount of sheep or lamb skins (without wool) exported in Western Africa expanded markedly to X tons, growing by 8.6% on the previous year's figure. In general, exports, however, showed a dramatic contraction. The pace of growth was the most pronounced in 2019 when exports increased by 18% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, sheepskin and lambskin exports dropped modestly to $X in 2022. Overall, exports, however, faced a dramatic decrease. The most prominent rate of growth was recorded in 2019 with an increase of 36% against the previous year. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Burkina Faso prevails in exports structure, accounting for X tons, which was approx. 59% of total exports in 2022. Mauritania (X tons) took a 9.7% share (based on physical terms) of total exports, which put it in second place, followed by Senegal (7.3%), Nigeria (6.9%), Togo (5.7%) and Mali (5.2%). Niger (X tons) followed a long way behind the leaders.

Exports from Burkina Faso decreased at an average annual rate of -8.0% from 2012 to 2022. At the same time, Mali (+6.7%) displayed positive paces of growth. Moreover, Mali emerged as the fastest-growing exporter exported in Western Africa, with a CAGR of +6.7% from 2012-2022. By contrast, Mauritania (-10.1%), Togo (-11.8%), Niger (-22.7%), Nigeria (-26.0%) and Senegal (-35.9%) illustrated a downward trend over the same period. Burkina Faso (+46 p.p.), Mauritania (+6.9 p.p.), Mali (+4.9 p.p.) and Togo (+3.7 p.p.) significantly strengthened its position in terms of the total exports, while Nigeria and Senegal saw its share reduced by -7.2% and -54.7% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Burkina Faso ($X) remains the largest sheepskin and lambskin supplier in Western Africa, comprising 61% of total exports. The second position in the ranking was held by Senegal ($X), with a 13% share of total exports. It was followed by Nigeria, with an 11% share.

From 2012 to 2022, the average annual growth rate of value in Burkina Faso amounted to -7.6%. The remaining exporting countries recorded the following average annual rates of exports growth: Senegal (-35.6% per year) and Nigeria (-23.4% per year).

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per ton, waning by -10.1% against the previous year. Overall, the export price saw a noticeable setback. The pace of growth was the most pronounced in 2014 an increase of 15% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Senegal ($X per ton), while Niger ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+3.6%), while the other leaders experienced more modest paces of growth.

Sheepskin And Lambskin Imports

Imports in Western Africa

In 2022, approx. X tons of sheep or lamb skins (without wool) were imported in Western Africa; with a decrease of -1.6% against the year before. Over the period under review, imports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2013 with an increase of 189%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sheepskin and lambskin imports contracted to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 374% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Gambia (X tons), Togo (X tons) and Cote d'Ivoire (X tons) represented roughly 90% of total imports in 2022. It was distantly followed by Ghana (X tons), committing a 7.6% share of total imports. Nigeria (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Togo (with a CAGR of +44.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Togo ($X) constitutes the largest market for imported sheep or lamb skins (without wool) in Western Africa, comprising 47% of total imports. The second position in the ranking was taken by Gambia ($X), with a 21% share of total imports. It was followed by Ghana, with a 17% share.

In Togo, sheepskin and lambskin imports increased at an average annual rate of +27.7% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Gambia (+25.9% per year) and Ghana (-6.9% per year).

Import Prices by Country

The import price in Western Africa stood at $X per ton in 2022, shrinking by -10.9% against the previous year. Overall, the import price saw a abrupt curtailment. The pace of growth appeared the most rapid in 2013 an increase of 64% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Nigeria ($X per ton), while Cote d'Ivoire ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (+5.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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