Kuwait - Sheep or Lamb Skin Leather - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSheep Leather Price in Kuwait - 2021
Contents:
- Sheep Leather Price in Kuwait (FOB) - 2022
- Sheep Leather Price in Kuwait (CIF) - 2022
- Sheep Leather Exports in Kuwait
- Sheep Leather Imports in Kuwait
Sheep Leather Price in Kuwait (FOB) - 2022
In 2022, the average sheep leather export price amounted to $4.7 per square meter, picking up by 60% against the previous year. In general, the export price, however, recorded a perceptible slump. The most prominent rate of growth was recorded in 2020 when the average export price increased by 111%. Over the period under review, the average export prices reached the peak figure at $8.3 per square meter in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($64 per square meter), while the average price for exports to Pakistan ($1 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+23.9%), while the prices for the other major destinations experienced mixed trend patterns.
Sheep Leather Price in Kuwait (CIF) - 2022
The average sheep leather import price stood at $5.2 per square meter in 2022, increasing by 56% against the previous year. Overall, the import price posted a resilient expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 125% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for Saudi Arabia.
From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +17.7% per year.
Sheep Leather Exports in Kuwait
In 2022, exports of sheep or lamb skin leather from Kuwait dropped markedly to 61K square meters, which is down by -24.4% compared with 2021. In general, exports recorded a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 97% against the previous year. The exports peaked at 244K square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, sheep leather exports soared to $287K in 2022. Over the period under review, exports continue to indicate a sharp reduction. Over the period under review, the exports reached the peak figure at $791K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Sheep Leather in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 310 | 133 | 110 | 136 | -24.0% |
| China | 256 | 108 | 87.6 | 106 | -25.5% |
| India | 76.0 | 3.4 | 8.7 | 11.5 | -46.7% |
| Syrian Arab Republic | 32.7 | 12.3 | 8.9 | 9.6 | -33.5% |
| Pakistan | 39.2 | 3.6 | 7.6 | 7.9 | -41.4% |
| Lebanon | 18.3 | 9.1 | 6.3 | 6.5 | -29.2% |
| Hong Kong SAR | 45.8 | 6.1 | 5.1 | 6.3 | -48.4% |
| Others | 12.5 | 2.4 | 3.0 | 3.0 | -37.9% |
| Total | 791 | 279 | 237 | 287 | -28.7% |
Top Export Markets for Sheep Leather from Kuwait in 2022:
- China (33.3K square meters)
- Syrian Arab Republic (8.2K square meters)
- Pakistan (7.6K square meters)
- Lebanon (5.1K square meters)
- India (2.9K square meters)
- Saudi Arabia (2.1K square meters)
- Hong Kong SAR (0.7K square meters)
Sheep Leather Imports in Kuwait
In 2022, the amount of sheep or lamb skin leather imported into Kuwait shrank rapidly to 799 square meters, which is down by -31.7% against the previous year's figure. Over the period under review, imports saw a abrupt slump. The pace of growth was the most pronounced in 2021 when imports increased by 34% against the previous year. As a result, imports attained the peak of 1.2K square meters, and then shrank notably in the following year.
In value terms, sheep leather imports rose remarkably to $4.2K in 2022. In general, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 201% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Sheep Leather in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 0.9 | 0.9 | 1.3 | 4.2 | 67.1% |
| Others | 0.7 | 0.4 | 2.7 | N/A | 96.4% |
| Total | 1.5 | 1.3 | 3.9 | 4.2 | 40.9% |
Top Suppliers of Sheep Leather to Kuwait in 2022:
- Saudi Arabia (799.0 square meters)
This report provides an in-depth analysis of the sheep leather market in Kuwait. 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:
- Prodcom 15114130 - Sheep or lamb skin leather without wool on, tanned but not further prepared (excluding chamois leather)
Country coverage:
- Kuwait
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kuwait
- 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
-
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
- 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 VOLUME AND VALUE
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
- 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
- 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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This report provides an in-depth analysis of the sheep leather market in Kuwait.
212
This report provides an in-depth analysis of the market for sheep, goat, swine or reptile leather in Kuwait.
722
This report provides an in-depth analysis of the global sheep leather market.
375
This report provides an in-depth analysis of the global market for sheep, goat, swine or reptile leather.
265
This report provides an in-depth analysis of the sheep leather market in Kuwait.
212
This report provides an in-depth analysis of the market for sheep, goat, swine or reptile leather in Kuwait.
722
This report provides an in-depth analysis of the global sheep leather market.
375
This report provides an in-depth analysis of the global market for sheep, goat, swine or reptile leather.
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