Bangladesh: Sheepskin And Lambskin Market Overview 2021

Sheepskin And Lambskin Market Size in Bangladesh

The Bangladeshi sheepskin and lambskin market reached $X in 2019, increasing by X% against the previous year. In general, consumption enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2015 when the market value increased by X% y-o-y. Over the period under review, the market hit record highs in 2019 and is expected to retain growth in years to come.

Sheepskin And Lambskin Production in Bangladesh

In value terms, sheepskin and lambskin production totaled $X in 2019 estimated in export prices. Over the period under review, production recorded a buoyant expansion. The most prominent rate of growth was recorded in 2009 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level in 2019 and is likely to see steady growth in years to come.

The average yield of sheep or lamb skins (without wool) in Bangladesh totaled X kg per X heads in 2019, remaining constant against the year before. Over the period under review, the yield continues to indicate a relatively flat trend pattern. Over the period under review, the average sheepskin and lambskin yield reached the maximum level at X kg per X heads in 2007; afterwards, it flattened through to 2019.

In 2019, approx. X heads of animals slaughtered for sheepskin and lambskin production in Bangladesh; surging by X% compared with the year before. This number increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2008 when the number of producing animals increased by X% year-to-year. The number of animals slaughtered for sheepskin and lambskin production peaked in 2019 and is likely to see gradual growth in the immediate term.

Sheepskin And Lambskin Exports

Exports from Bangladesh

In 2019, sheepskin and lambskin exports from Bangladesh was estimated at X kg, remaining stable against 2018 figures. In general, exports showed a abrupt contraction. As a result, exports reached the peak of X tonnes. From 2009 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, sheepskin and lambskin exports amounted to $X in 2019. Overall, exports continue to indicate perceptible growth. Exports peaked at $X in 2017; however, from 2018 to 2019, exports failed to regain the momentum.

Exports by Country

Hong Kong SAR (X tonnes) was the main destination for sheepskin and lambskin exports from Bangladesh, accounting for a approx. X% share of total exports.

From 2007 to 2017, the average annual rate of growth in terms of volume to Hong Kong SAR was relatively modest.

From 2007 to 2017, the average annual rate of growth in terms of value to Hong Kong SAR was relatively modest.

Export Prices by Country

The average sheepskin and lambskin export price stood at $X per tonne in 2017, almost unchanged from the previous year. Overall, the export price showed a remarkable increase. Over the period under review, average export prices attained the peak figure in 2017 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Hong Kong SAR.

From 2007 to 2017, the rate of growth in terms of prices for Hong Kong SAR amounted to X% per year.

Sheepskin And Lambskin Imports

Imports into Bangladesh

In 2019, sheepskin and lambskin imports into Bangladesh stood at X kg, almost unchanged from 2018 figures. Over the period under review, imports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. As a result, imports reached the peak of X tonnes. From 2016 to 2019, the growth imports remained at a lower figure.

In value terms, sheepskin and lambskin imports amounted to $X in 2019. Overall, imports saw a deep downturn. The most prominent rate of growth was recorded in 2015 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum at $X in 2007; however, from 2008 to 2019, imports failed to regain the momentum.

Imports by Country

From 2007 to 2019, the average annual growth rate of volume from No country was relatively modest.

From 2007 to 2019, the average annual growth rate of value from No country was relatively modest.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sheep or lamb skins (without wool) in the world?

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China (847K tonnes) remains the largest sheepskin and lambskin consuming country worldwide, comprising approx. 43% of total volume. Moreover, sheepskin and lambskin consumption in China exceeded the figures recorded by the second-largest consumer, Turkey (123K tonnes), sevenfold. Sudan (65K tonnes) ranked third in terms of total consumption with a 3.3% share.

What are the largest producers of sheep or lamb skins (without wool) in the world?

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China (554K tonnes) constituted the country with the largest volume of sheepskin and lambskin production, comprising approx. 29% of total volume. Moreover, sheepskin and lambskin production in China exceeded the figures recorded by the second-largest producer, Australia (163K tonnes), threefold. The third position in this ranking was occupied by New Zealand (84K tonnes), with a 4.4% share.

What is the average export price for sheep or lamb skins (without wool) in Bangladesh?

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The average sheepskin and lambskin export price stood at $4,767 per tonne in 2017, standing approx. at the previous year.