Cyprus: Sheepskin And Lambskin Market 2020

Sheepskin And Lambskin Market Size in Cyprus

The revenue of the sheepskin and lambskin market in Cyprus amounted to $X in 2018, shrinking by -X% against the previous year. Over the period under review, sheepskin and lambskin consumption continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. In that year, the sheepskin and lambskin market attained its peak level of $X. From 2009 to 2018, the growth of the sheepskin and lambskin market failed to regain its momentum.

Sheepskin And Lambskin Production in Cyprus

In value terms, sheepskin and lambskin production totaled $X in 2018 estimated in export prices. Overall, sheepskin and lambskin production continues to indicate a deep downturn. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. In that year, sheepskin and lambskin production attained its peak level of $X. From 2014 to 2018, sheepskin and lambskin production growth failed to regain its momentum.

Sheepskin And Lambskin Exports

Exports from Cyprus

In 2018, the exports of sheep or lamb skins (without wool) from Cyprus amounted to X tons, surging by X% against the previous year. Overall, sheepskin and lambskin exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Exports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, sheepskin and lambskin exports totaled $X in 2018. Over the period under review, sheepskin and lambskin exports continue to indicate a deep decline. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Exports peaked at $X in 2013; however, from 2014 to 2018, exports remained at a lower figure.

Exports by Country

Turkey (X tons), Greece (X tons) and China, Hong Kong SAR (X tons) were the main destinations of sheepskin and lambskin exports from Cyprus, with a combined X% share of total exports. Bulgaria, Lebanon, China and Portugal lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Bulgaria (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Lebanon ($X), China, Hong Kong SAR ($X) and China ($X) appeared to be the largest markets for sheepskin and lambskin exported from Cyprus worldwide, with a combined X% share of total exports.

China recorded the highest rates of growth with regard to exports, among the main countries of destination over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average sheepskin and lambskin export price amounted to $X per ton, reducing by -X% against the previous year. Overall, the sheepskin and lambskin export price continues to indicate an abrupt contraction. The growth pace was the most rapid in 2013 an increase of X% year-to-year. In that year, the average export prices for sheep or lamb skins (without wool) attained their peak level of $X per ton. From 2014 to 2018, the growth in terms of the average export prices for sheep or lamb skins (without wool) failed to regain its momentum.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per ton), while the average price for exports to Turkey ($X per ton) 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 a decline.

Sheepskin And Lambskin Imports

Imports into Cyprus

In 2018, the amount of sheep or lamb skins (without wool) imported into Cyprus totaled X tons, rising by X% against the previous year. Over the period under review, sheepskin and lambskin imports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. Imports peaked in 2018 and are likely to continue its growth in the immediate term.

In value terms, sheepskin and lambskin imports totaled $X in 2018. In general, sheepskin and lambskin imports continue to indicate remarkable growth. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. In that year, sheepskin and lambskin imports reached their peak of $X. From 2015 to 2018, the growth of sheepskin and lambskin imports failed to regain its momentum.

Imports by Country

The U.S. (X tons) and Bosnia and Herzegovina (X tons) were the main suppliers of sheepskin and lambskin imports to Cyprus, together accounting for X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by the U.S..

In value terms, the U.S. ($X) constituted the largest supplier of sheepskin and lambskin to Cyprus, comprising X% of total sheepskin and lambskin imports. The second position in the ranking was occupied by Bosnia and Herzegovina ($X), with a X% share of total imports.

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

Import Prices by Country

The average sheepskin and lambskin import price stood at $X per ton in 2018, waning by -X% against the previous year. In general, the sheepskin and lambskin import price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2013 an increase of X% year-to-year. In that year, the average import prices for sheep or lamb skins (without wool) reached their peak level of $X per ton. From 2014 to 2018, the growth in terms of the average import prices for sheep or lamb skins (without wool) remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per ton), while the price for Bosnia and Herzegovina amounted to $X per ton.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina.

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Source: IndexBox Platform