Prepared Sheep Leather Price in Lithuania - 2023

Contents:

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

Prepared Sheep Leather Price in Lithuania (FOB) - 2022

In 2022, the average prepared sheep leather export price amounted to $11 per square meter, increasing by 2.6% against the previous year. Overall, the export price, however, recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2018 an increase of 71% against the previous year. The export price peaked at $50 per square meter in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($19 per square meter), while the average price for exports to Belarus amounted to $3.9 per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-9.2%).

Prepared Sheep Leather Price in Lithuania (CIF) - 2022

In 2022, the average prepared sheep leather import price amounted to $10 per square meter, reducing by -58.6% against the previous year. Over the period under review, the import price saw a drastic downturn. The pace of growth was the most pronounced in 2018 an increase of 104% against the previous year. Over the period under review, average import prices hit record highs at $30 per square meter in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($77 per square meter), while the price for Poland totaled $3.3 per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+26.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Prepared Sheep Leather Exports in Lithuania

In 2022, prepared sheep leather exports from Lithuania surged to 28K square meters, growing by 47% on 2021 figures. Over the period under review, exports enjoyed prominent growth. The growth pace was the most rapid in 2020 when exports increased by 118% against the previous year. As a result, the exports attained the peak of 37K square meters. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, prepared sheep leather exports skyrocketed to $311K in 2022. In general, exports showed a strong expansion. The pace of growth was the most pronounced in 2020 when exports increased by 82%. As a result, the exports reached the peak of $416K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Prepared Sheep Leather in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia16836714324914.0%
Belarus61.449.163.760.0-0.8%
OthersN/AN/AN/A2.90%
Total22941620631110.7%

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

  1. Belarus (15.2K square meters)
  2. Russia (12.8K square meters)

Prepared Sheep Leather Imports in Lithuania

In 2022, purchases abroad of sheep or lamb skin leather, prepared was finally on the rise to reach 5K square meters for the first time since 2019, thus ending a two-year declining trend. Overall, imports recorded pronounced growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, prepared sheep leather imports skyrocketed to $52K in 2022. Over the period under review, imports, however, continue to indicate a sharp decrease. Over the period under review, imports hit record highs at $108K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Prepared Sheep Leather in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany10.32.7N/A36.552.5%
Poland0.1N/A0.315.0431.3%
Spain21.1N/A4.3N/A-54.9%
Estonia15.9N/AN/AN/A0%
Italy46.989.71.7N/A-81.0%
Turkey9.7N/A4.7N/A-30.4%
Others3.80.5N/A0.5-49.1%
Total10892.911.152.0-21.6%

Top Suppliers of Prepared Sheep Leather to Lithuania in 2022:

  1. Poland (4.6K square meters)
  2. Germany (0.5K square meters)

Source: IndexBox Market Intelligence Platform

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