
Azerbaijan - Sheep or Lamb Skin Leather - Market Analysis, Forecast, Size, Trends and Insights
Azerbaijan: Sheep Leather Market 2022
Sheep Leather Market Size in Azerbaijan
The Azerbaijani sheep leather market amounted to $X in 2021, remaining constant against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 9.6% against the previous year. Sheep leather consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.
Sheep Leather Production in Azerbaijan
In value terms, sheep leather production stood at $X in 2021 estimated in export price. Overall, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by 15%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.
Sheep Leather Exports
Exports from Azerbaijan
In 2021, sheep leather exports from Azerbaijan was estimated at X square meters, increasing by 6.8% compared with 2020 figures. Over the period under review, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2016 with an increase of 234% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.
In value terms, sheep leather exports surged to $X in 2021. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2016 when exports increased by 177%. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the near future.
Exports by Country
Turkey (X square meters) was the main destination for sheep leather exports from Azerbaijan, with a approx. 100% share of total exports.
From 2012 to 2021, the average annual growth rate of volume to Turkey totaled +44.9%.
In value terms, Turkey ($X) also remains the key foreign market for sheep leather exports from Azerbaijan.
From 2012 to 2021, the average annual growth rate of value to Turkey amounted to +40.4%.
Export Prices by Country
In 2021, the average sheep leather export price amounted to $X per square meter, picking up by 9.1% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 28%. As a result, the export price attained the peak level of $X per square meter. From 2015 to 2021, the 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 Turkey.
From 2012 to 2021, the rate of growth in terms of prices for Belarus amounted to +24.0% per year.
Sheep Leather Imports
Imports into Azerbaijan
In 2021, after two years of decline, there was decline in purchases abroad of sheep or lamb skin leather, when their volume decreased by 0% to X square meters. In general, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2018 when imports increased by 11%. Over the period under review, imports reached the maximum in 2021 and are likely to continue growth in years to come.
In value terms, sheep leather imports stood at $X in 2021. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of 220% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in years to come.
Imports by Country
In 2021, Turkey (X square meters) was the main sheep leather supplier to Azerbaijan, accounting for a approx. 100% share of total imports.
From 2017 to 2021, the average annual rate of growth in terms of volume from Turkey amounted to +163.4%.
In value terms, Turkey ($X) constituted the largest supplier of sheep leather to Azerbaijan.
From 2017 to 2021, the average annual growth rate of value from Turkey totaled +348.9%.
Import Prices by Country
The average sheep leather import price stood at $X per square meter in 2021, approximately reflecting the previous year. In general, the import price continues to indicate a significant expansion. The pace of growth appeared the most rapid in 2018 when the average import price increased by 188%. Over the period under review, average import prices reached the peak figure in 2021 and is likely to continue growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From 2017 to 2021, the rate of growth in terms of prices for Turkey amounted to +70.4% per year.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the sheep leather market in Azerbaijan. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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