Africa: Sheep Skin Market Overview 2020

Sheep Skin Market Size in Africa

The revenue of the sheep skin market in Africa amounted to $X in 2017, rising by X% against the previous year. The total market indicated a remarkable increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2011, with an increase of X% y-o-y. Over the period under review, the sheep skin market attained its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Sheep Skin Production in Africa

In 2017, sheep skin production in Africa totaled X units, rising by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014, when it surged by X% against the previous year. Over the period under review, the sheep skin production reached its peak figure volume in 2017, and is expected to retain its growth in the immediate term.

Sheep Skin Exports in Africa

In 2017, exports of skins of sheep or lambs in Africa totaled X units, declining by -X% against the previous year. The total export volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The growth pace was the most rapid in 2010, when it surged by X% y-o-y. Over the period under review, the sheep skin exports reached its maximum volume of X units in 2016, and then declined slightly in the following year.

In value terms, sheep skin exports totaled $X in 2017. The sheep skin exports continue to indicate a relatively flat trend pattern. The level of exports peaked of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Sheep Skin Exports by Country in Africa

South Africa dominates sheep skin exports structure, finishing at X units, which was approx. X% of total exports in 2017. The following exporters - Guinea (X units), Namibia (X units), Nigeria (X units) and Senegal (X units) together made up X% of total exports.

Exports from South Africa increased at an average annual rate of +X% from 2007 to 2017. At the same time, Nigeria (+X%) and Namibia (+X%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest growing exporter in Africa, with a CAGR of +X% from 2007-2017. By contrast, Guinea (-X%) and Senegal (-X%) illustrated a downward trend over the same period. While the share of Senegal (X%) and Guinea (X%) increased significantly in terms of the global exports from 2007-2017, the share of Nigeria (-X%), Namibia (-X%) and South Africa (-X%) displayed negative dynamics.

In value terms, South Africa ($X) remains the largest sheep skin supplier in Africa, making up X% of global exports. The second position in the ranking was occupied by Namibia ($X), with a X% share of global exports. It was followed by Nigeria, with a X% share.

In South Africa, sheep skin exports remained relatively stable over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Namibia (+X% per year) and Nigeria (+X% per year).

Sheep Skin Export Prices by Country in Africa

In 2017, the sheep skin export price in Africa amounted to $X per thousand units, coming up by X% against the previous year. The sheep skin export price continues to indicate a slight decrease. The pace of growth was the most pronounced in 2009, when the export prices increased by X% against the previous year. The level of export price peaked of $X per thousand units in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Namibia ($X per thousand units), while Guinea ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Namibia (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Sheep Skin Imports in Africa

The imports amounted to X units in 2017, picking up by X% against the previous year. The sheep skin imports continue to indicate a pronounced descent. The pace of growth was the most pronounced in 2017, when imports increased by X% y-o-y. Over the period under review, the sheep skin imports reached its peak figure volume of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, sheep skin imports amounted to $X in 2017. The sheep skin imports continue to indicate a drastic deduction. Over the period under review, the sheep skin imports attained its peak figure level of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Sheep Skin Imports by Country in Africa

The countries with the highest levels of sheep skin imports in 2017 were Namibia (X units), Nigeria (X units), South Africa (X units), Tunisia (X units), Morocco (X units), Uganda (X units), Egypt (X units) and Kenya (X units), together reaching X% of total import.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Namibia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported skins of sheep or lambs in Africa, making up X% of global imports. The second position in the ranking was occupied by Namibia ($X), with a X% share of global imports. It was followed by Nigeria, with a X% share.

From 2007 to 2017, the average annual growth rate of value in South Africa stood at -X%. In the other countries, the average annual rates were as follows: Namibia (-X% per year) and Nigeria (+X% per year).

Sheep Skin Import Prices by Country in Africa

The sheep skin import price in Africa stood at $X per thousand units in 2017, shrinking by -X% against the previous year. The sheep skin import price continues to indicate a slight shrinkage. The pace of growth was the most pronounced in 2012, an increase of X% against the previous year. In that year, the import prices for skins of sheep or lambs reached their peak level of $X per thousand units. From 2013 to 2017, growth of the import prices for skins of sheep or lambs failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was South Africa ($X per thousand units), while Morocco ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by South Africa (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox AI Platform