Hungary: Sheepskin And Lambskin Market Overview 2021

Sheepskin And Lambskin Market Size in Hungary

In 2019, the Hungarian sheepskin and lambskin market increased by X% to $X, rising for the third year in a row after two years of decline. In general, the total consumption indicated a resilient increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2008 when the market value increased by X% y-o-y. Sheepskin and lambskin consumption peaked at $X in 2012; however, from 2013 to 2019, consumption failed to regain the momentum.

Sheepskin And Lambskin Production in Hungary

In value terms, sheepskin and lambskin production rose remarkably to $X in 2019 estimated in export prices. Overall, production showed a deep contraction. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Sheepskin and lambskin production peaked at $X in 2008; however, from 2009 to 2019, production remained at a lower figure.

The average yield of sheep or lamb skins (without wool) in Hungary amounted to X kg per X heads in 2019, leveling off at 2018. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2008 when the yield increased by X% year-to-year. The sheepskin and lambskin yield peaked at X kg per X heads in 2012; however, from 2013 to 2019, the yield stood at a somewhat lower figure.

In 2019, number of animals slaughtered for sheepskin and lambskin production in Hungary expanded rapidly to X heads, with an increase of X% compared with 2018. In general, the number of producing animals continues to indicate a prominent expansion. 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 in 2019 and is likely to see gradual growth in years to come.

Sheepskin And Lambskin Exports

Exports from Hungary

For the fifth consecutive year, Hungary recorded growth in shipments abroad of sheep or lamb skins (without wool), which increased by X% to X tonnes in 2019. Over the period under review, exports, however, recorded a noticeable setback. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure at X tonnes in 2007; however, from 2008 to 2019, exports remained at a lower figure.

In value terms, sheepskin and lambskin exports rose modestly to $X in 2019. Overall, exports, however, saw a abrupt curtailment. The growth pace was the most rapid in 2010 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at $X in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

Exports by Country

Turkey (X tonnes) was the main destination for sheepskin and lambskin exports from Hungary, accounting for a approx. X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of volume to Turkey totaled -X%.

In value terms, Turkey ($X) also remains the key foreign market for sheepskin and lambskin exports from Hungary.

From 2007 to 2019, the average annual rate of growth in terms of value to Turkey amounted to -X%.

Export Prices by Country

The average sheepskin and lambskin export price stood at $X per tonne in 2019, remaining relatively unchanged against the previous year. Overall, the export price, however, faced a abrupt downturn. The growth pace was the most rapid in 2010 an increase of X% y-o-y. The export price peaked at $X per tonne in 2007; however, from 2008 to 2019, export prices stood at a somewhat lower figure.

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

From 2007 to 2019, the rate of growth in terms of prices for Turkey amounted to -X% per year.

Sheepskin And Lambskin Imports

Imports into Hungary

In 2019, approx. X tonnes of sheep or lamb skins (without wool) were imported into Hungary; waning by -X% compared with the previous year. Over the period under review, imports showed a abrupt decline. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. As a result, imports attained the peak of X tonnes. From 2011 to 2019, the growth imports remained at a somewhat lower figure.

In value terms, sheepskin and lambskin imports dropped to $X in 2019. Overall, imports recorded buoyant growth. The pace of growth was the most pronounced in 2010 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum at $X in 2018, and then shrank in the following year.

Imports by Country

In 2019, Austria (X tonnes) was the main sheepskin and lambskin supplier to Hungary, accounting for a X% share of total imports. Moreover, sheepskin and lambskin imports from Austria exceeded the figures recorded by the second-largest supplier, Germany (X kg), tenfold.

From 2007 to 2019, the average annual rate of growth in terms of volume from Austria stood at +X%.

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

From 2007 to 2019, the average annual rate of growth in terms of value from Austria stood at +X%.

Import Prices by Country

In 2019, the average sheepskin and lambskin import price amounted to $X per tonne, growing by X% against the previous year. Over the period under review, the import price enjoyed a significant increase. The pace of growth was the most pronounced in 2010 when the average import price increased by X% against the previous year. The import price peaked in 2019 and is likely to see steady growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Austria ($X per tonne), while the price for Germany stood at $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Austria.

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) remains the largest sheepskin and lambskin consuming country worldwide, 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. The third position in this ranking was occupied by Sudan (65K tonnes), with a 3.3% share.

What are the largest producers of sheep or lamb skins (without wool) in the world?

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China (554K tonnes) remains the largest sheepskin and lambskin producing country worldwide, accounting for 29% of total volume. Moreover, sheepskin and lambskin production in China exceeded the figures recorded by the second-largest producer, Australia (163K tonnes), threefold. The third position in this ranking was occupied by New Zealand (84K tonnes), with a 4.4% share.

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

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In value terms, Austria ($84K) constituted the largest supplier of sheepskin and lambskin to Hungary, comprising 99% of total imports. The second position in the ranking was occupied by Germany ($1.1K), with a 1.3% share of total imports.

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

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In value terms, Turkey ($30K) remains the key foreign market for sheepskin and lambskin exports from Hungary.

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

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In 2019, the average sheepskin and lambskin export price amounted to $761 per tonne, flattening at the previous year.

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

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In 2019, the average sheepskin and lambskin import price amounted to $12,364 per tonne, jumping by 28% against the previous year.