Malaysia: Sheepskin And Lambskin Market 2022

Sheepskin And Lambskin Market Size in Malaysia

The Malaysian sheepskin and lambskin market amounted to $X in 2020, standing approx. at the previous year. Overall, consumption, however, saw resilient growth. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2020, consumption stood at a somewhat lower figure.

Sheepskin And Lambskin Production in Malaysia

In value terms, sheepskin and lambskin production soared to $X in 2020 estimated in export prices. In general, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% year-to-year. Sheepskin and lambskin production peaked at $X in 2014; however, from 2015 to 2020, production stood at a somewhat lower figure.

The average yield of sheep or lamb skins (without wool) in Malaysia stood at X kg per head in 2020, remaining constant against the year before. In general, the yield recorded a relatively flat trend pattern. Over the period under review, the average sheepskin and lambskin yield hit record highs at X kg per head in 2007; afterwards, it flattened through to 2020.

In 2020, number of animals slaughtered for sheepskin and lambskin production in Malaysia shrank slightly to X heads, with a decrease of -X% compared with 2019. Overall, the number of producing animals, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. The number of animals slaughtered for sheepskin and lambskin production peaked at X heads in 2017; however, from 2018 to 2020, producing animals remained at a lower figure.

Sheepskin And Lambskin Exports

Exports from Malaysia

In 2020, after three years of decline, there was significant growth in overseas shipments of sheep or lamb skins (without wool), when their volume increased by X% to X tonnes. Overall, exports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. As a result, exports reached the peak of X tonnes. from 2011 to 2020, the growth exports remained at a lower figure.

In value terms, sheepskin and lambskin exports skyrocketed to $X in 2020. In general, exports showed a relatively flat trend pattern. Exports peaked at $X in 2016; however, from 2017 to 2020, exports remained at a lower figure.

Exports by Country

Vietnam (X tonnes) and India (X tonnes) were the main destinations of sheepskin and lambskin exports from Malaysia.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India.

In value terms, Vietnam ($X) remains the key foreign market for sheepskin and lambskin exports from Malaysia, comprising X% of total exports. The second position in the ranking was occupied by India ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to Vietnam was relatively modest.

Export Prices by Country

The average sheepskin and lambskin export price stood at $X per tonne in 2020, increasing by X% against the previous year. Over the period under review, the export price, however, saw a deep downturn. The growth pace was the most rapid in 2013 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2007; however, from 2008 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Vietnam ($X per tonne), while the average price for exports to India amounted to $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam.

Sheepskin And Lambskin Imports

Imports into Malaysia

In 2020, approx. X kg of sheep or lamb skins (without wool) were imported into Malaysia; increasing by X% against 2019 figures. Overall, imports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Imports peaked at X tonnes in 2010; however, from 2011 to 2020, imports stood at a somewhat lower figure.

In value terms, sheepskin and lambskin imports skyrocketed to $X in 2020. In general, imports, however, recorded a mild decrease. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. Imports peaked at $X in 2010; however, from 2011 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Australia (X kg) constituted the largest supplier of sheepskin and lambskin to Malaysia, accounting for a X% share of total imports. Moreover, sheepskin and lambskin imports from Australia exceeded the figures recorded by the second-largest supplier, Indonesia (X kg), more than tenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume from Australia stood at +X%.

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

From 2007 to 2020, the average annual growth rate of value from Australia stood at +X%.

Import Prices by Country

In 2020, the average sheepskin and lambskin import price amounted to $X per tonne, standing approx. at the previous year. In general, the import price saw a strong expansion. The growth pace was the most rapid in 2009 when the average import price increased by X% year-to-year. Over the period under review, average import prices attained the maximum at $X per tonne in 2011; however, from 2012 to 2020, import prices stood at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Australia.

Source: IndexBox Platform