Bahrain: Sheepskin And Lambskin Market Overview 2020

Sheepskin And Lambskin Market Size in Bahrain

The revenue of the sheepskin and lambskin market in Bahrain amounted to $X in 2018, picking up by X% against the previous year. In general, the total market indicated a buoyant expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Sheepskin and lambskin consumption peaked at $X in 2015; however, from 2016 to 2018, consumption failed to regain its momentum.

Sheepskin And Lambskin Production in Bahrain

In value terms, sheepskin and lambskin production totaled $X in 2018 estimated in export prices. Over the period under review, sheepskin and lambskin production continues to indicate prominent growth. The most prominent rate of growth was recorded in 2008 when production volume increased by X% against the previous year. Sheepskin and lambskin production peaked at $X in 2015; however, from 2016 to 2018, production stood at a somewhat lower figure.

Sheepskin And Lambskin Exports

Exports from Bahrain

Sheepskin and lambskin exports from Bahrain amounted to X tonnes in 2018, increasing by X% against the previous year. Overall, the total exports indicated a perceptible increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, sheepskin and lambskin exports increased by +X% against 2009 indices. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Over the period under review, sheepskin and lambskin exports reached their peak figure in 2018 and are expected to retain its growth in the immediate term.

In value terms, sheepskin and lambskin exports stood at $X in 2018. In general, sheepskin and lambskin exports continue to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Exports peaked at $X in 2015; however, from 2016 to 2018, exports remained at a lower figure.

Exports by Country

China (X tonnes) was the main destination for sheepskin and lambskin exports from Bahrain, accounting for a X% share of total exports. Moreover, sheepskin and lambskin exports to China exceeded the volume sent to the second major destination, the United Arab Emirates (X kg), more than tenfold.

From 2007 to 2018, the average annual rate of growth in terms of volume to China stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+X% per year) and Qatar (-X% per year).

In value terms, China ($X) remains the key foreign market for sheepskin and lambskin exports from Bahrain, comprising X% of total sheepskin and lambskin exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total exports.

From 2007 to 2018, the average annual growth rate of value to China totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+X% per year) and Qatar (-X% per year).

Export Prices by Country

In 2018, the average sheepskin and lambskin export price amounted to $X per tonne, jumping by X% against the previous year. Over the period under review, the sheepskin and lambskin export price continues to indicate a strong increase. The pace of growth appeared the most rapid in 2008 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2015; however, from 2016 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per tonne), while the average price for exports to Qatar ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced mixed trend patterns.

Sheepskin And Lambskin Imports

Imports into Bahrain

In 2018, the amount of sheep or lamb skins (without wool) imported into Bahrain stood at X tonnes, going down by -X% against the previous year. Overall, sheepskin and lambskin imports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2011 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2012; however, from 2013 to 2018, imports stood at a somewhat lower figure.

In value terms, sheepskin and lambskin imports totaled $X in 2018. Over the period under review, sheepskin and lambskin imports, however, continue to indicate a mild setback. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, Qatar (X tonnes) was the main supplier of sheepskin and lambskin to Bahrain, with a approx. X% share of total imports.

From 2007 to 2018, the average annual rate of growth in terms of volume from Qatar amounted to +X%.

In value terms, Qatar ($X) constituted the largest supplier of sheepskin and lambskin to Bahrain.

From 2007 to 2018, the average annual rate of growth in terms of value from Qatar stood at -X%.

Import Prices by Country

The average sheepskin and lambskin import price stood at $X per tonne in 2018, approximately mirroring the previous year. Overall, the sheepskin and lambskin import price, however, continues to indicate a drastic shrinkage. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2007; however, from 2008 to 2018, import prices remained at a lower figure.

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

From 2007 to 2018, the rate of growth in terms of prices for Qatar amounted to -X% per year.

Source: IndexBox AI Platform