MENA: Sheep Leather Market 2024

Sheep Leather Market Size in MENA

The MENA's sheep leather market was estimated at $X in 2023, surging by X% against the previous year. Over the period under review, consumption recorded a buoyant increase. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2023, consumption remained at a lower figure.

Sheep Leather Production in MENA

In value terms, sheep leather production expanded significantly to $X in 2023 estimated in export price. In general, production showed tangible growth. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2023, production stood at a somewhat lower figure.

Sheep Leather Exports

Exports in MENA

After two years of growth, shipments abroad of sheep or lamb skin leather decreased by X% to X square meters in 2023. Overall, exports recorded a abrupt descent. The growth pace was the most rapid in 2017 when exports increased by X%. The volume of export peaked at X square meters in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

In value terms, sheep leather exports dropped to $X in 2023. In general, exports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2022 with an increase of X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

In 2023, Saudi Arabia (X square meters) represented the key exporter of sheep or lamb skin leather, constituting X% of total exports. Iran (X square meters) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Algeria (X%), Iraq (X%), Tunisia (X%), the United Arab Emirates (X%) and Turkey (X%).

Exports from Saudi Arabia decreased at an average annual rate of X% from 2012 to 2023. At the same time, Turkey (X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2023. Tunisia and the United Arab Emirates experienced a relatively flat trend pattern. By contrast, Iran (X%), Algeria (X%) and Iraq (X%) illustrated a downward trend over the same period. Turkey (X p.p.), Iran (X p.p.), Tunisia (X p.p.), Algeria (X p.p.) and the United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total exports, while Saudi Arabia saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X) remains the largest sheep leather supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by Iran ($X), with an X% share of total exports. It was followed by Turkey, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Saudi Arabia totaled X%. In the other countries, the average annual rates were as follows: Iran (X% per year) and Turkey (X% per year).

Export Prices by Country

The export price in MENA stood at $X per square meter in 2023, growing by X% against the previous year. Over the period under review, the export price, however, recorded a perceptible setback. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The level of export peaked at $X per square meter in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per square meter), while Iraq ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the other leaders experienced a decline in the export price figures.

Sheep Leather Imports

Imports in MENA

In 2023, imports of sheep or lamb skin leather in MENA shrank sharply to X square meters, which is down by X% against 2022 figures. Overall, imports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2013 when imports increased by X%. As a result, imports attained the peak of X square meters. From 2014 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, sheep leather imports contracted rapidly to $X in 2023. Over the period under review, imports faced a deep setback. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of import peaked at $X in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Turkey dominates imports structure, finishing at X square meters, which was near X% of total imports in 2023. The United Arab Emirates (X square meters) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Iraq (X%) and Djibouti (X%). Tunisia (X square meters) followed a long way behind the leaders.

Turkey experienced a relatively flat trend pattern with regard to volume of imports of sheep or lamb skin leather. At the same time, Djibouti (X%) and Iraq (X%) displayed positive paces of growth. Moreover, Djibouti emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2023. By contrast, the United Arab Emirates (X%) and Tunisia (X%) illustrated a downward trend over the same period. While the share of Turkey (X p.p.), Iraq (X p.p.), Djibouti (X p.p.) and the United Arab Emirates (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Tunisia (X p.p.) displayed negative dynamics.

In value terms, Turkey ($X) constitutes the largest market for imported sheep or lamb skin leather in MENA, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Tunisia, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Turkey amounted to X%. In the other countries, the average annual rates were as follows: the United Arab Emirates (X% per year) and Tunisia (X% per year).

Import Prices by Country

In 2023, the import price in MENA amounted to $X per square meter, which is down by X% against the previous year. Over the period under review, the import price recorded a deep contraction. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. The level of import peaked at $X per square meter in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Tunisia ($X per square meter), while Iraq ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Tunisia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform