Australia’s Exports of Sheep or Lamb Skins with Wool Dropped by 20% in 2014

Australia dominates in the global trade of sheep or lamb skins with wool. In 2014, Australia exported 199 thousand tonnes of sheep or lamb skins with wool totaling 345 million USD, 20% under the previous year. Its primary trading partner was China, where it supplied 90% of its total exports of sheep or lamb skins with wool in value terms, accounting for 64% of China's total imports.

Overall, the global trade of sheep or lamb skins reached 798 million USD, with a CAGR of 3% from 2007 to 2014. In physical terms, it increased from 400 thousand tonnes in 2007 to 405 thousand tonnes in 2014.

In 2014, China (59%) was the global leader in exports of sheep or lamb skins with wool, followed by Turkey (20%), Pakistan (5%), Spain (4%) and France (2%). These five leaders together made up 91% of global imports. The share of China increased significantly (+20 percentage points), while the share of Turkey illustrated negative dynamics (-16 percentage points).

The United Kingdom and Spain were among the other main global suppliers of sheep or lamb skins with wool in 2014 with a combined share of 20% of global exports. However, the fastest growing exporters from 2007 to 2014 were the Netherlands (+43% per year) and Ireland (+24% per year). Australia strengthened its position in the global export structure, from 42% in 2007 to 43% in 2014.

Source: World: Sheep Or Lamb Skins With Wool - Market Report. Analysis And Forecast To 2020