Eastern Asia: Sheepskin And Lambskin Market 2022

Sheepskin And Lambskin Market Size in Eastern Asia

In 2021, the East Asian sheepskin and lambskin market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption continues to indicate a perceptible descent. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Sheepskin And Lambskin Production in Eastern Asia

In value terms, sheepskin and lambskin production fell modestly to $X in 2021 estimated in export prices. In general, production, however, continues to indicate a deep downturn. The growth pace was the most rapid in 2013 when the production volume increased by X% y-o-y. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

The country with the largest volume of sheepskin and lambskin production was China (X tonnes), comprising approx. X% of total volume.

In China, sheepskin and lambskin production increased at an average annual rate of +X% over the period from 2012-2021.

In 2021, the average yield of sheep or lamb skins (without wool) in Eastern Asia dropped to X kg per X heads, with a decrease of -X% compared with the previous year's figure. Overall, the yield saw a slight descent. The pace of growth appeared the most rapid in 2020 with an increase of X% y-o-y. Over the period under review, the sheepskin and lambskin yield hit record highs at X kg per X heads in 2016; however, from 2017 to 2021, the yield failed to regain momentum.

In 2021, approx. X heads of animals slaughtered for sheepskin and lambskin production in Eastern Asia; growing by X% against the previous year. This number increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. Over the period under review, this number hit record highs in 2021 and is likely to continue growth in years to come.

Production By Country in Eastern Asia

The country with the largest volume of sheepskin and lambskin production was China (X tonnes), comprising approx. X% of total volume.

From 2012 to 2021, the average annual rate of growth in terms of volume in China totaled +X%.

Sheepskin And Lambskin Exports

Exports in Eastern Asia

In 2021, overseas shipments of sheep or lamb skins (without wool) increased by X% to X tonnes for the first time since 2016, thus ending a four-year declining trend. Over the period under review, exports saw a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at X tonnes in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, sheepskin and lambskin exports skyrocketed to $X in 2021. In general, exports continue to indicate a abrupt setback. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

Hong Kong SAR was the major exporter of sheep or lamb skins (without wool) in Eastern Asia, with the volume of exports reaching X tonnes, which was near X% of total exports in 2021. China (X tonnes) ranks second in terms of the total exports with a X% share, followed by South Korea (X%).

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Hong Kong SAR (+X%), while the other leaders experienced a decline in the exports figures.

In value terms, the largest sheepskin and lambskin supplying countries in Eastern Asia were China ($X), Hong Kong SAR ($X) and South Korea ($X), together comprising X% of total exports.

Hong Kong SAR, with a CAGR of +X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2021, the sheepskin and lambskin export price in Eastern Asia amounted to $X per tonne, which is down by -X% against the previous year. Over the period under review, the export price recorded a abrupt slump. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum at $X per tonne in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($X per tonne), while Hong Kong SAR ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-X%), while the other leaders experienced a decline in the export price figures.

Sheepskin And Lambskin Imports

Imports in Eastern Asia

In 2021, after three years of decline, there was significant growth in supplies from abroad of sheep or lamb skins (without wool), when their volume increased by X% to X tonnes. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The volume of import peaked at X tonnes in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, sheepskin and lambskin imports soared to $X in 2021. In general, imports faced a deep reduction. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

China (X tonnes) represented roughly X% of total imports of sheep or lamb skins (without wool) in 2021.

China was also the fastest-growing in terms of the sheep or lamb skins (without wool) imports, with a CAGR of +X% from 2012 to 2021. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported sheep or lamb skins (without wool) in Eastern Asia.

From 2012 to 2021, the average annual growth rate of value in China amounted to -X%.

Import Prices by Country

The sheepskin and lambskin import price in Eastern Asia stood at $X per tonne in 2021, falling by -X% against the previous year. In general, the import price saw a abrupt downturn. Over the period under review, import prices hit record highs at $X per tonne in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for China amounted to -X% per year.

Source: IndexBox Platform