Guinea: Sheepskin And Lambskin Market Overview 2020

Sheepskin And Lambskin Market Size in Guinea

The revenue of the sheepskin and lambskin market in Guinea amounted to $X in 2018, rising by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2010 when the market value increased by X% year-to-year. Over the period under review, the sheepskin and lambskin market reached its maximum level at $X in 2011; however, from 2012 to 2018, consumption remained at a lower figure.

Sheepskin And Lambskin Production in Guinea

In value terms, sheepskin and lambskin production totaled $X in 2018 estimated in export prices. In general, sheepskin and lambskin production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 when production volume increased by X% y-o-y. In that year, sheepskin and lambskin production attained its peak level of $X. From 2012 to 2018, sheepskin and lambskin production growth failed to regain its momentum.

Sheepskin And Lambskin Exports

Exports by Country

In 2018, Australia (X tonnes) was the key exporter of sheep or lamb skins (without wool), constituting X% of total exports. 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. From 2007 to 2018, the share of New Zealand, Australia, Ireland and the UK increased by +X%, +X%, +X% and +X% percentage points, while France (-X p.p.) and Spain (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2018, the average annual rate of growth in terms of value in Australia was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: the UK (-X% per year) and Spain (-X% per year).

Export Prices by Country

The sheepskin and lambskin export price in Guinea stood at $X per tonne in 2018, leveling off at the previous year. Over the period under review, the sheepskin and lambskin export price continues to indicate a relatively flat trend pattern. Over the period under review, the export prices for sheep or lamb skins (without wool) attained their maximum at $X per tonne in 2007; however, from 2008 to 2018, export prices stood at a somewhat lower figure.

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 importing country with an import of around X tonnes, which recorded X% of total imports. It was distantly followed by Turkey (X tonnes), constituting a X% share of total imports. The following importers - Spain (X tonnes) and Russia (X tonnes) - each recorded 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. From 2007 to 2018, the share of China increased by +X% percentage points, while Russia (-X p.p.) and Turkey (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2018, the average annual rate of growth in terms of value in China totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: Turkey (-X% per year) and Spain (-X% per year).

Import Prices by Country

The sheepskin and lambskin import price in Guinea stood at $X per tonne in 2018, remaining stable against the previous year. In general, the sheepskin and lambskin import price continues to indicate a relatively flat trend pattern. Guinea import price peaked at $X per tonne in 2016; however, from 2017 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, 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