Latvia - Sheepskin and Lambskin - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLatvia: Sheepskin And Lambskin Market 2024
Sheepskin And Lambskin Market Size in Latvia
The Latvian sheepskin and lambskin market was finally on the rise to reach $X in 2022, after two years of decline. Over the period under review, consumption saw a prominent increase. Sheepskin and lambskin consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.
Sheepskin And Lambskin Production in Latvia
In value terms, sheepskin and lambskin production shrank modestly to $X in 2022 estimated in export price. In general, production saw a buoyant expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.
The average yield of sheep or lamb skins (without wool) in Latvia dropped to X kg per head in 2022, reducing by X% on 2021. Over the period under review, the yield continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X%. As a result, the yield reached the peak level of X kg per head. From 2015 to 2022, the growth of the average sheepskin and lambskin yield failed to regain momentum.
In 2022, the number of animals slaughtered for sheepskin and lambskin production in Latvia stood at X heads, picking up by X% against the year before. Overall, the total number of producing animals indicated a perceptible expansion from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, number of animals slaughtered for sheepskin and lambskin production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the number of producing animals increased by X% against the previous year. The number of animals slaughtered for sheepskin and lambskin production peaked at X heads in 2019; however, from 2020 to 2022, producing animals remained at a lower figure.
Sheepskin And Lambskin Exports
Exports from Latvia
After seven years of decline, shipments abroad of sheep or lamb skins (without wool) decreased by X% to X kg in 2022. In general, exports continue to indicate a precipitous decrease. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.
In value terms, sheepskin and lambskin exports plummeted to $X in 2022. Overall, exports showed a sharp shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.
Exports by Country
Finland (X kg) was the main destination for sheepskin and lambskin exports from Latvia, with a approx. X% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of volume to Finland totaled X%.
In value terms, Finland ($X) also remains the key foreign market for sheep or lamb skins (without wool) exports from Latvia.
From 2012 to 2022, the average annual growth rate of value to Finland stood at X%.
Export Prices by Country
In 2022, the average sheepskin and lambskin export price amounted to $X per ton, almost unchanged from the previous year. Overall, the export price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Finland.
From 2012 to 2022, the rate of growth in terms of prices for Finland amounted to X% per year.
Sheepskin And Lambskin Imports
Imports into Latvia
In 2019, the amount of sheep or lamb skins (without wool) imported into Latvia skyrocketed to X tons, rising by X% on the previous year. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, sheepskin and lambskin imports soared to $X in 2019. In general, imports continue to indicate a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Imports by Country
In 2019, Australia (X tons) was the main supplier of sheepskin and lambskin to Latvia, with a X% share of total imports. It was followed by Poland (X tons), with a X% share of total imports.
From 2012 to 2019, the average annual growth rate of volume from Australia totaled X%.
In value terms, Australia ($X) constituted the largest supplier of sheep or lamb skins (without wool) to Latvia, comprising X% of total imports. The second position in the ranking was taken by Poland ($X), with a X% share of total imports.
From 2012 to 2019, the average annual growth rate of value from Australia amounted to X%.
Import Prices by Country
In 2019, the average sheepskin and lambskin import price amounted to $X per ton, which is down by X% against the previous year. In general, the import price saw a deep downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2019, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2019, amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Poland totaled $X per ton.
From 2012 to 2019, the most notable rate of growth in terms of prices was attained by Australia (X%).
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the sheepskin and lambskin market in Latvia. 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:
- Latvia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Latvia
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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