India: Sheepskin And Lambskin Market 2024

Sheepskin And Lambskin Market Size in India

The Indian sheepskin and lambskin market expanded modestly to $X in 2022, increasing by X% against the previous year. Overall, consumption, however, recorded a slight slump. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Sheepskin And Lambskin Production in India

In value terms, sheepskin and lambskin production surged to $X in 2022 estimated in export price. Over the period under review, production, however, saw a abrupt curtailment. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

In 2022, the average sheepskin and lambskin yield in India amounted to X kg per head, remaining relatively unchanged against 2021. Overall, the yield saw a relatively flat trend pattern. Over the period under review, the average sheepskin and lambskin yield attained the peak level in 2022 and is likely to see gradual growth in the immediate term.

The number of animals slaughtered for sheepskin and lambskin production in India stood at X heads in 2022, therefore, remained relatively stable against the year before. This number increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 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 2020; however, from 2021 to 2022, producing animals failed to regain momentum.

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Sheepskin And Lambskin Exports

Exports from India

In 2022, sheepskin and lambskin exports from India shrank markedly to X tons, with a decrease of X% on the previous year. Over the period under review, exports showed a noticeable reduction. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, sheepskin and lambskin exports shrank remarkably to $X in 2022. In general, exports faced a abrupt descent. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for sheepskin and lambskin exports from India, accounting for a X% share of total exports. Moreover, sheepskin and lambskin exports to the United Arab Emirates exceeded the volume sent to the second major destination, Italy (X kg), more than tenfold. Bangladesh (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Bangladesh (X% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for sheep or lamb skins (without wool) exports from India, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with a X% share of total exports. It was followed by Hong Kong SAR, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Hong Kong SAR (X% per year).

Export Prices by Country

In 2022, the average sheepskin and lambskin export price amounted to $X per ton, with a decrease of X% against the previous year. In general, the export price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sheepskin And Lambskin Imports

Imports into India

In 2022, purchases abroad of sheep or lamb skins (without wool) increased by X% to X tons, rising for the second year in a row after four years of decline. Overall, imports, however, continue to indicate a noticeable contraction. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, sheepskin and lambskin imports surged to $X in 2022. In general, imports, however, recorded a abrupt setback. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Saudi Arabia (X tons), New Zealand (X tons) and the United Arab Emirates (X tons) were the main suppliers of sheepskin and lambskin imports to India, with a combined X% share of total imports. Turkey, Italy, Tunisia, Iran, Senegal, China, France, Nigeria, Azerbaijan and Kenya lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Tunisia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sheepskin and lambskin suppliers to India were Saudi Arabia ($X), Turkey ($X) and the United Arab Emirates ($X), with a combined X% share of total imports. Nigeria, Tunisia, Kenya, China, Iran, New Zealand, Senegal, Italy, Azerbaijan and France lagged somewhat behind, together accounting for a further X%.

Tunisia, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average sheepskin and lambskin import price amounted to $X per ton, falling by X% against the previous year. Overall, the import price showed a abrupt slump. The pace of growth was the most pronounced in 2013 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Nigeria ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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