Latin America and the Caribbean: Market for Tanned or Dressed Whole Furskins of Rabbit, Hare or Lamb 2024

Market Size for Tanned or Dressed Whole Furskins of Rabbit, Hare or Lamb in Latin America and the Caribbean

The Latin American market for tanned or dressed whole furskins of rabbit, hare or lamb was finally on the rise to reach $X in 2022, after two years of decline. The total consumption indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

Production of Tanned or Dressed Whole Furskins of Rabbit, Hare or Lamb in Latin America and the Caribbean

In value terms, rabbit, hare or lamb furskin production fell to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Exports of Tanned or Dressed Whole Furskins of Rabbit, Hare or Lamb

Exports in Latin America and the Caribbean

In 2022, approx. X units of tanned or dressed whole furskins of rabbit, hare or lamb were exported in Latin America and the Caribbean; which is down by X% on 2021. Over the period under review, exports showed a pronounced curtailment. The most prominent rate of growth was recorded in 2015 when exports increased by X%. Over the period under review, the exports reached the maximum at X units in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, rabbit, hare or lamb furskin exports shrank rapidly to $X in 2022. In general, exports continue to indicate a deep contraction. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Brazil was the largest exporter of tanned or dressed whole furskins of rabbit, hare or lamb in Latin America and the Caribbean, with the volume of exports finishing at X units, which was near X% of total exports in 2022. It was distantly followed by Colombia (X units) and Uruguay (X units), together making up a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to rabbit, hare or lamb furskin exports from Brazil stood at X%. At the same time, Colombia (X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. By contrast, Uruguay (X%) illustrated a downward trend over the same period. Brazil (X p.p.) and Colombia (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest rabbit, hare or lamb furskin supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was taken by Colombia ($X), with a X% share of total exports.

In Brazil, rabbit, hare or lamb furskin exports declined by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Colombia (X% per year) and Uruguay (X% per year).

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per unit, with an increase of X% against the previous year. In general, the export price, however, saw a pronounced descent. The growth pace was the most rapid in 2017 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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 Uruguay ($X per unit), while Colombia ($X per unit) was amongst the lowest.

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

Imports of Tanned or Dressed Whole Furskins of Rabbit, Hare or Lamb

Imports in Latin America and the Caribbean

In 2022, purchases abroad of tanned or dressed whole furskins of rabbit, hare or lamb decreased by X% to X units, falling for the third year in a row after two years of growth. Over the period under review, imports continue to indicate a perceptible contraction. The growth pace was the most rapid in 2015 with an increase of X%. The volume of import peaked at X units in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, rabbit, hare or lamb furskin imports declined rapidly to $X in 2022. In general, imports showed a pronounced reduction. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Brazil prevails in imports structure, resulting at X units, which was near X% of total imports in 2022. Chile (X units) ranks second in terms of the total imports with a X% share, followed by Belize (X%), Argentina (X%), Uruguay (X%) and Ecuador (X%). El Salvador (X units) held a little share of total imports.

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

In value terms, the largest rabbit, hare or lamb furskin importing markets in Latin America and the Caribbean were Brazil ($X), Belize ($X) and Argentina ($X), together comprising X% of total imports.

Among the main importing countries, Belize, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :