Eastern Asia: Sheepskin And Lambskin Market 2024

Sheepskin And Lambskin Market Size in Eastern Asia

In 2022, the East Asian sheepskin and lambskin market increased by X% to $X, rising for the second year in a row after three years of decline. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Sheepskin And Lambskin Production in Eastern Asia

In value terms, sheepskin and lambskin production shrank modestly to $X in 2022 estimated in export price. Overall, production showed a deep downturn. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

China (X tons) remains the largest sheepskin and lambskin producing country in Eastern Asia, accounting for X% of total volume.

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

The average sheepskin and lambskin yield totaled X kg per head in 2022, surging by X% on 2021 figures. Over the period under review, the yield, however, showed a slight decline. The level of yield peaked at X kg per head in 2016; however, from 2017 to 2022, the yield remained at a lower figure.

In 2022, approx. X heads of animals slaughtered for sheepskin and lambskin production in Eastern Asia; which is down by X% against the previous year. This number increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when the number of producing animals increased by X% against the previous year. Over the period under review, this number hit record highs at X heads in 2021, and then contracted slightly in the following year.

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Sheepskin And Lambskin Exports

Exports in Eastern Asia

In 2022, overseas shipments of sheep or lamb skins (without wool) increased by X% to X tons for the first time since 2016, thus ending a five-year declining trend. In general, exports recorded perceptible growth. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, sheepskin and lambskin exports surged to $X in 2022. Over the period under review, exports continue to indicate moderate growth. The pace of growth was the most pronounced in 2013 with an increase of X%. The level of export peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, China (X tons) represented the key exporter of sheep or lamb skins (without wool), achieving X% of total exports. Hong Kong SAR (X tons) held the second position in the ranking, distantly followed by Japan (X tons). All these countries together held approx. X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Japan (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Hong Kong SAR ($X) remains the largest sheepskin and lambskin supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by China ($X), with a X% share of total exports.

In Hong Kong SAR, sheepskin and lambskin exports contracted by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: China (X% per year) and Japan (X% per year).

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2022, declining by X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other leaders experienced a decline in the export price figures.

Sheepskin And Lambskin Imports

Imports in Eastern Asia

In 2022, after four 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 tons. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, sheepskin and lambskin imports shrank to $X in 2022. In general, imports, however, saw a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

The countries with the highest levels of sheepskin and lambskin imports in 2022 were China (X tons), together reaching X% of total import.

China experienced a relatively flat trend pattern with regard to volume of imports of sheep or lamb skins (without wool). 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 2022, the average annual growth rate of value in China totaled X%.

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2022, waning by X% against the previous year. In general, the import price recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 an increase of X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, 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 2022, the rate of growth in terms of prices for China amounted to X% per year.

Source: IndexBox Platform

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