Guinea-Bissau: Sheepskin And Lambskin Market Overview 2020

Sheepskin And Lambskin Market Size in Guinea-Bissau

The revenue of the sheepskin and lambskin market in Guinea-Bissau amounted to $X in 2018, picking up by X% against the previous year. In general, the total market indicated a buoyant expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, sheepskin and lambskin consumption increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Guinea-Bissau sheepskin and lambskin consumption peaked at $X in 2011; however, from 2012 to 2018, consumption remained at a lower figure.

Sheepskin And Lambskin Production in Guinea-Bissau

In value terms, sheepskin and lambskin production amounted to $X in 2018 estimated in export prices. Overall, sheepskin and lambskin production continues to indicate a moderate expansion. The most prominent rate of growth was recorded in 2013 when production volume increased by X% against the previous year. Over the period under review, sheepskin and lambskin production attained its maximum level at $X in 2011; however, from 2012 to 2018, production stood at a somewhat lower figure.

Sheepskin And Lambskin Exports

Exports by Country

Australia represented the key exporter of sheep or lamb skins (without wool) in the world, with the volume of exports recording X tonnes, which was approx. X% of total exports in 2018. The UK (X tonnes) ranks second in terms of the total exports with a X% share, followed by New Zealand (X%). The following exporters - Ireland (X tonnes), South Africa (X tonnes), France (X tonnes), Spain (X tonnes) and the U.S. (X tonnes) - together made up X% of total exports.

Australia experienced a relatively flat trend pattern of sheep or lamb skins (without wool) exports. At the same time, Ireland (+X%), New Zealand (+X%), South Africa (+X%) and the UK (+X%) displayed positive paces of growth. Moreover, Ireland emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, the U.S. (-X%), France (-X%) and Spain (-X%) illustrated a downward trend over the same period. New Zealand (+X p.p.), Australia (+X p.p.), Ireland (+X p.p.) and the UK (+X p.p.) significantly strengthened its position in terms of the global exports, while France and Spain saw its share reduced by -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest sheepskin and lambskin supplier from Guinea-Bissau, comprising X% of global exports. The second position in the ranking was occupied by the UK ($X), with a X% share of global exports. It was followed by Spain, with a X% share.

In Australia, sheepskin and lambskin exports remained relatively stable over the period from 2007-2018. In the other countries, the average annual rates were as follows: the UK (-X% per year) and Spain (-X% per year).

Export Prices by Country

The sheepskin and lambskin export price in Guinea-Bissau stood at $X per tonne in 2018, approximately mirroring the previous year. Over the period under review, the sheepskin and lambskin export price continues to indicate a relatively flat trend pattern. Guinea-Bissau export price peaked at $X per tonne in 2012; however, from 2013 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Spain ($X per tonne), while the UK ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by South Africa, while the other leaders experienced mixed trends in the export price figures.

Sheepskin And Lambskin Imports

Imports by Country

China was the major importer of sheep or lamb skins (without wool) in the world, with the volume of imports accounting for X tonnes, which was near X% of total imports in 2018. It was distantly followed by Turkey (X tonnes), committing a X% share of total imports. The following importers - Spain (X tonnes) and Russia (X tonnes) - each accounted for a X% share of total imports.

China was also the fastest-growing in terms of the sheep or lamb skins (without wool) imports, with a CAGR of +X% from 2007 to 2018. Spain (-X%), Russia (-X%) and Turkey (-X%) illustrated a downward trend over the same period. China (+X p.p.) significantly strengthened its position in terms of the global imports, while Russia and Turkey saw its share reduced by -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported sheep or lamb skins (without wool) into Guinea-Bissau, comprising X% of global imports. The second position in the ranking was occupied by Turkey ($X), with a X% share of global imports. It was followed by Spain, with a X% share.

From 2007 to 2018, the average annual growth rate of value in China amounted to +X%. In the other countries, the average annual rates were as follows: Turkey (-X% per year) and Spain (-X% per year).

Import Prices by Country

The sheepskin and lambskin import price in Guinea-Bissau stood at $X per tonne in 2018, approximately reflecting the previous year. Over the period under review, the sheepskin and lambskin import price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by the country of destination; the country with the highest price was Spain ($X per tonne), while Russia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox AI Platform