Prepared Sheep Leather Price in Kenya - 2022

Contents:

1. Prepared Sheep Leather Price in Kenya (FOB) - 2022
2. Prepared Sheep Leather Price in Kenya (CIF) - 2022
3. Prepared Sheep Leather Exports in Kenya
4. Prepared Sheep Leather Imports in Kenya

Prepared Sheep Leather Price in Kenya (FOB) - 2022

In 2022, the average prepared sheep leather export price amounted to $0.9 per square meter, with a decrease of -81.7% against the previous year. Overall, the export price recorded a abrupt slump. The most prominent rate of growth was recorded in 2016 when the average export price increased by 65% against the previous year. As a result, the export price attained the peak level of $8.5 per square meter. From 2017 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 Rwanda.

From 2012 to 2022, the rate of growth in terms of prices for Rwanda amounted to +5.3% per year.

Prepared Sheep Leather Price in Kenya (CIF) - 2022

In 2022, the average prepared sheep leather import price amounted to $29 per square meter, waning by -5% against the previous year. Overall, the import price, however, saw a perceptible expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 205% against the previous year. Over the period under review, average import prices attained the peak figure at $38 per square meter in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($81 per square meter), while the price for Italy amounted to $29 per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Prepared Sheep Leather Exports in Kenya

In 2022, approx. 421 square meters of sheep or lamb skin leather, prepared were exported from Kenya; waning by -81.8% against the year before. In general, exports showed a dramatic slump. The smallest decline of -41.1% was in 2020. The exports peaked at 28K square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, prepared sheep leather exports declined significantly to $360 in 2022. Over the period under review, exports recorded a significant curtailment. The smallest decline of -59% was in 2020. The exports peaked at $157K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Prepared Sheep Leather from Kenya in 2022:

1. Rwanda (421.0 square meters)

Prepared Sheep Leather Imports in Kenya

In 2022, purchases abroad of sheep or lamb skin leather, prepared was finally on the rise to reach 564 square meters for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a noticeable slump. Over the period under review, imports reached the peak figure at 648 square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, prepared sheep leather imports stood at $16K in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Top Suppliers of Prepared Sheep Leather to Kenya in 2022:

1. Italy (563.0 square meters)

Source: IndexBox Market Intelligence Platform