Latin America and the Caribbean: Market for Sheep, Goat, Swine or Reptile Leather, excluding Chamois Leather 2024

Market Size for Sheep, Goat, Swine or Reptile Leather, excluding Chamois Leather in Latin America and the Caribbean

The Latin American market for sheep, goat, swine or reptile leather, excluding chamois leather rose to $X in 2022, picking up by 2.4% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Production of Sheep, Goat, Swine or Reptile Leather, excluding Chamois Leather in Latin America and the Caribbean

In value terms, production of sheep, goat, swine or reptile leather, excluding chamois leather expanded modestly to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 16% against the previous year. Over the period under review, production of hit record highs at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Exports of Sheep, Goat, Swine or Reptile Leather, excluding Chamois Leather

Exports in Latin America and the Caribbean

In 2022, exports of sheep, goat, swine or reptile leather, excluding chamois leather in Latin America and the Caribbean dropped to X tons, shrinking by -3.8% against 2021 figures. In general, exports saw a deep contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 25%. Over the period under review, the exports of reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of sheep, goat, swine or reptile leather, excluding chamois leather soared to $X in 2022. Over the period under review, exports continue to indicate a perceptible descent. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from Brazil (X tons), Venezuela (X tons), Peru (X tons), Costa Rica (X tons), Haiti (X tons) and Colombia (X tons), together finishing at 79% of total export. Bolivia (X tons), Panama (X tons), Ecuador (X tons), Mexico (X tons), Argentina (X tons) and Uruguay (X tons) held a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Panama (with a CAGR of +20.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest sheep, goat, swine or reptile leather supplying countries in Latin America and the Caribbean were Venezuela ($X), Brazil ($X) and Colombia ($X), with a combined 73% share of total exports.

In terms of the main exporting countries, Venezuela, with a CAGR of +19.0%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per ton, increasing by 26% against the previous year. Export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for sheep, goat, swine or reptile leather, excluding chamois leather increased by +44.1% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Venezuela ($X per ton), while Costa Rica ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+23.0%), while the other leaders experienced more modest paces of growth.

Imports of Sheep, Goat, Swine or Reptile Leather, excluding Chamois Leather

Imports in Latin America and the Caribbean

Imports of sheep, goat, swine or reptile leather, excluding chamois leather skyrocketed to X tons in 2022, jumping by 33% compared with the year before. Over the period under review, imports, however, recorded a perceptible decrease. The most prominent rate of growth was recorded in 2021 with an increase of 69%. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, imports of sheep, goat, swine or reptile leather, excluding chamois leather skyrocketed to $X in 2022. In general, imports, however, recorded a deep contraction. The growth pace was the most rapid in 2021 with an increase of 69% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The purchases of the three major importers of sheep, goat, swine or reptile leather, excluding chamois leather, namely Brazil, Panama and Mexico, represented more than two-thirds of total import. The following importers - Ecuador (X tons), Haiti (X tons), Argentina (X tons) and Chile (X tons) - together made up 11% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Haiti (with a CAGR of +27.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) constitutes the largest market for imported sheep, goat, swine or reptile leather, excluding chamois leather in Latin America and the Caribbean, comprising 40% of total imports. The second position in the ranking was held by Brazil ($X), with a 19% share of total imports. It was followed by Panama, with an 18% share.

From 2012 to 2022, the average annual growth rate of value in Mexico amounted to -4.2%. The remaining importing countries recorded the following average annual rates of imports growth: Brazil (-2.1% per year) and Panama (+9.4% per year).

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per ton, dropping by -3.6% against the previous year. Over the period under review, the import price saw a perceptible slump. The pace of growth was the most pronounced in 2013 when the import price increased by 11%. The level of import peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Argentina ($X per ton), while Haiti ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+10.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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