Latin America and the Caribbean: Sheepskin And Lambskin Market 2024

Sheepskin And Lambskin Market Size in Latin America and the Caribbean

The Latin American sheepskin and lambskin market fell to $X in 2022, reducing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The level of consumption peaked at $X in 2021, and then declined slightly in the following year.

Sheepskin And Lambskin Production in Latin America and the Caribbean

In value terms, sheepskin and lambskin production dropped modestly to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were Brazil (X tons), Argentina (X tons) and Peru (X tons), with a combined X% share of total production. Mexico, Bolivia, Uruguay and Cuba lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by Bolivia (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

The average sheepskin and lambskin yield totaled X kg per head in 2022, remaining stable against 2021. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The level of yield peaked at X kg per head in 2019; however, from 2020 to 2022, the yield stood at a somewhat lower figure.

In 2022, the number of animals slaughtered for sheepskin and lambskin production in Latin America and the Caribbean shrank modestly to X heads, approximately mirroring 2021 figures. Over the period under review, the number of producing animals, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, this number hit record highs at X heads in 2021, and then declined slightly in the following year.

Sheepskin And Lambskin Exports

Exports in Latin America and the Caribbean

In 2022, the amount of sheep or lamb skins (without wool) exported in Latin America and the Caribbean reduced to X tons, with a decrease of X% on the year before. Overall, exports faced a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, sheepskin and lambskin exports stood at $X in 2022. In general, exports saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Chile represented the major exporting country with an export of about X tons, which reached X% of total exports. Uruguay (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Argentina (X%) and Peru (X%). The following exporters - Honduras (X tons) and Mexico (X tons) - each amounted to a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Honduras (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, the largest sheepskin and lambskin supplying countries in Latin America and the Caribbean were Chile ($X), Mexico ($X) and Uruguay ($X), with a combined X% share of total exports. Argentina, Peru and Honduras lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Honduras, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price, however, showed a abrupt setback. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Mexico ($X per ton), while Honduras ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the other leaders experienced a decline in the export price figures.

Sheepskin And Lambskin Imports

Imports in Latin America and the Caribbean

Sheepskin and lambskin imports contracted dramatically to X tons in 2022, reducing by X% on the previous year's figure. In general, imports continue to indicate a noticeable contraction. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, sheepskin and lambskin imports reduced remarkably to $X in 2022. Overall, imports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Brazil (X tons) represented the largest importer of sheep or lamb skins (without wool), comprising X% of total imports. It was distantly followed by Argentina (X tons), Uruguay (X tons) and Mexico (X tons), together creating a X% share of total imports. Chile (X tons) took a minor share of total imports.

Imports into Brazil increased at an average annual rate of X% from 2012 to 2022. At the same time, Chile (X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. By contrast, Uruguay (X%), Argentina (X%) and Mexico (X%) illustrated a downward trend over the same period. While the share of Brazil (X p.p.) and Chile (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Uruguay (X p.p.), Argentina (X p.p.) and Mexico (X p.p.) displayed negative dynamics.

In value terms, Brazil ($X) constitutes the largest market for imported sheep or lamb skins (without wool) in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was held by Argentina ($X), with a X% share of total imports. It was followed by Uruguay, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Brazil amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Argentina (X% per year) and Uruguay (X% per year).

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per ton, with an increase of X% against the previous year. In general, the import price, however, saw a drastic downturn. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Mexico ($X per ton), while Chile ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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