Ecuador: Sheepskin And Lambskin Market Overview 2021

Sheepskin And Lambskin Market Size in Ecuador

In 2019, the Ecuadorian sheepskin and lambskin market decreased by -X% to $X, falling for the second consecutive year after four years of growth. Over the period under review, consumption, however, showed a deep contraction. The growth pace was the most rapid in 2014 when the market value increased by X% year-to-year. Over the period under review, the market attained the maximum level at $X in 2007; however, from 2008 to 2019, consumption remained at a lower figure.

Sheepskin And Lambskin Production in Ecuador

In value terms, sheepskin and lambskin production reduced to $X in 2019 estimated in export prices. Overall, production faced a abrupt curtailment. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. Sheepskin and lambskin production peaked at $X in 2007; however, from 2008 to 2019, production remained at a lower figure.

The average yield of sheep or lamb skins (without wool) in Ecuador stood at X kg per X heads in 2019, almost unchanged from the year before. The yield figure increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, the yield attained the peak level of X kg per X heads, leveling off in the following year.

In 2019, the number of animals slaughtered for sheepskin and lambskin production in Ecuador fell to X heads, which is down by -X% compared with 2018 figures. Over the period under review, the number of producing animals saw a abrupt descent. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. The number of animals slaughtered for sheepskin and lambskin production peaked at X heads in 2007; however, from 2008 to 2019, producing animals remained at a lower figure.

Sheepskin And Lambskin Exports

Exports from Ecuador

In 2019, overseas shipments of sheep or lamb skins (without wool) decreased by -X% to X kg for the first time since 2014, thus ending a four-year rising trend. In general, exports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. As a result, exports attained the peak of X tonnes. From 2014 to 2019, the growth exports failed to regain the momentum.

In value terms, sheepskin and lambskin exports reduced sharply to $X in 2019. Overall, exports saw a significant decrease. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. As a result, exports reached the peak of $X. From 2014 to 2019, the growth exports remained at a somewhat lower figure.

Exports by Country

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

From 2007 to 2018, the average annual rate of growth in terms of volume to Hong Kong SAR stood at +X%.

In value terms, Hong Kong SAR ($X) also remains the key foreign market for sheepskin and lambskin exports from Ecuador.

From 2007 to 2018, the average annual rate of growth in terms of value to Hong Kong SAR totaled -X%.

Export Prices by Country

In 2018, the average sheepskin and lambskin export price amounted to $X per tonne, shrinking by -X% against the previous year. In general, the export price continues to indicate a deep setback. The export price peaked at $X per tonne in 2012; however, from 2013 to 2018, export prices remained at a lower figure.

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

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

Sheepskin And Lambskin Imports

Imports into Ecuador

In 2019, the amount of sheep or lamb skins (without wool) imported into Ecuador totaled X kg, approximately reflecting the year before. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. As a result, imports reached the peak of X tonnes. From 2012 to 2019, the growth imports failed to regain the momentum.

In value terms, sheepskin and lambskin imports stood at $X in 2019. In general, imports continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. As a result, imports attained the peak of $X. From 2012 to 2019, the growth imports remained at a lower figure.

Imports by Country

In 2011, Peru (X tonnes) was the main sheepskin and lambskin supplier to Ecuador, with a X% share of total imports. It was followed by Panama (X tonnes), with a X% share of total imports.

From 2007 to 2011, the average annual rate of growth in terms of volume from Peru stood at +X%.

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

From 2007 to 2011, the average annual growth rate of value from Peru totaled -X%.

Import Prices by Country

In 2011, the average sheepskin and lambskin import price amounted to $X per tonne, rising by X% against the previous year. Overall, the import price, however, saw a significant decline. The import price peaked at $X per tonne in 2007; however, from 2008 to 2011, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Panama ($X per tonne), while the price for Peru totaled $X per tonne.

From 2007 to 2011, the most notable rate of growth in terms of prices was attained by Panama.

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) constituted the country with the largest volume of sheepskin and lambskin consumption, 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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The country with the largest volume of sheepskin and lambskin production was China (554K tonnes), 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. New Zealand (84K tonnes) ranked third in terms of total production with a 4.4% share.

What are the leading suppliers of sheep or lamb skins (without wool) to Ecuador?

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In value terms, Peru ($19K) constituted the largest supplier of sheepskin and lambskin to Ecuador, comprising 72% of total imports. The second position in the ranking was occupied by Panama ($7.7K), with a 28% share of total imports.

What are the leading importers of sheep or lamb skins (without wool) from Ecuador?

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In value terms, Hong Kong SAR ($20K) remains the key foreign market for sheepskin and lambskin exports from Ecuador.

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

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The average sheepskin and lambskin export price stood at $822 per tonne in 2018, waning by -17.9% against the previous year.

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

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In 2011, the average sheepskin and lambskin import price amounted to $581 per tonne, picking up by 8.9% against the previous year.