Azerbaijan: Sheepskin And Lambskin Market 2024

Sheepskin And Lambskin Market Size in Azerbaijan

In 2022, the Azerbaijani sheepskin and lambskin market decreased by X% to $X, falling for the second consecutive year after four years of growth. Over the period under review, the total consumption indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Sheepskin and lambskin consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Sheepskin And Lambskin Production in Azerbaijan

In value terms, sheepskin and lambskin production expanded modestly to $X in 2022 estimated in export price. Overall, the total production indicated mild growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

In 2022, the average yield of sheep or lamb skins (without wool) in Azerbaijan totaled X kg per head, leveling off at 2021 figures. In general, the yield continues to indicate a relatively flat trend pattern. The sheepskin and lambskin yield peaked in 2022 and is likely to see steady growth in the immediate term.

In 2022, number of animals slaughtered for sheepskin and lambskin production in Azerbaijan contracted modestly to X heads, flattening at 2021. This number increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when the number of producing animals increased by X% against the previous year. The number of animals slaughtered for sheepskin and lambskin production peaked at X heads in 2021, and then dropped modestly in the following year.

Sheepskin And Lambskin Exports

Exports from Azerbaijan

In 2022, shipments abroad of sheep or lamb skins (without wool) increased by X% to X tons, rising for the second year in a row after two years of decline. In general, exports, however, continue to indicate a pronounced setback. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, sheepskin and lambskin exports surged to $X in 2022. Over the period under review, exports, however, saw a pronounced contraction. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Turkey (X tons) was the main destination for sheepskin and lambskin exports from Azerbaijan, with a X% share of total exports. Moreover, sheepskin and lambskin exports to Turkey exceeded the volume sent to the second major destination, India (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Turkey totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Italy (X% per year).

In value terms, Turkey ($X) remains the key foreign market for sheep or lamb skins (without wool) exports from Azerbaijan, comprising X% of total exports. The second position in the ranking was taken by India ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Turkey amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Italy (X% per year).

Export Prices by Country

The average sheepskin and lambskin export price stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%), while the prices for the other major destinations experienced a decline.

Sheepskin And Lambskin Imports

Imports into Azerbaijan

In 2022, the amount of sheep or lamb skins (without wool) imported into Azerbaijan dropped sharply to X kg, falling by X% against the previous year's figure. Overall, imports recorded a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, sheepskin and lambskin imports dropped significantly to $X in 2022. Over the period under review, imports faced a precipitous contraction. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Turkey (X kg) constituted the largest sheepskin and lambskin supplier to Azerbaijan, with a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Turkey totaled X%.

In value terms, Turkey ($X) constituted the largest supplier of sheep or lamb skins (without wool) to Azerbaijan.

From 2012 to 2022, the average annual growth rate of value from Turkey totaled X%.

Import Prices by Country

The average sheepskin and lambskin import price stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the import price, however, enjoyed a measured expansion. The pace of growth was the most pronounced in 2021 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton, and then contracted in the following year.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to X% per year.

Source: IndexBox Platform

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