Middle East: 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 the Middle East

In 2022, the Middle Eastern market for sheep, goat, swine or reptile leather, excluding chamois leather was finally on the rise to reach $X after five years of decline. Over the period under review, consumption, however, saw a pronounced descent. The level of consumption peaked 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 the Middle East

In value terms, production of sheep, goat, swine or reptile leather, excluding chamois leather declined modestly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a pronounced decline. The pace of growth appeared the most rapid in 2015 when the production volume increased by 24% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production of growth remained at a lower figure.

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

Exports in the Middle East

In 2022, overseas shipments of sheep, goat, swine or reptile leather, excluding chamois leather increased by 6.7% to X tons, rising for the second consecutive year after two years of decline. Overall, exports, however, continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 22%. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of sheep, goat, swine or reptile leather, excluding chamois leather surged to $X in 2022. Over the period under review, exports, however, saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Saudi Arabia represented the largest exporter of sheep, goat, swine or reptile leather, excluding chamois leather in the Middle East, with the volume of exports resulting at X tons, which was near 40% of total exports in 2022. The United Arab Emirates (X tons) held a 16% share (based on physical terms) of total exports, which put it in second place, followed by Turkey (15%), Iraq (15%) and Iran (6.9%). Kuwait (X tons) and Syrian Arab Republic (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to sheep, goat, swine or reptile leather exports from Saudi Arabia stood at -8.1%. At the same time, Turkey (+8.6%), the United Arab Emirates (+7.1%), Kuwait (+3.4%) and Iraq (+1.2%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +8.6% from 2012-2022. By contrast, Iran (-7.6%) and Syrian Arab Republic (-18.4%) illustrated a downward trend over the same period. Turkey (+12 p.p.), the United Arab Emirates (+11 p.p.), Iraq (+7.4 p.p.) and Kuwait (+1.6 p.p.) significantly strengthened its position in terms of the total exports, while Iran, Syrian Arab Republic and Saudi Arabia saw its share reduced by -1.6%, -6.6% and -12% from 2012 to 2022, respectively.

In value terms, Turkey ($X) remains the largest sheep, goat, swine or reptile leather supplier in the Middle East, comprising 61% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 21% share of total exports. It was followed by the United Arab Emirates, with a 6.3% share.

In Turkey, exports of sheep, goat, swine or reptile leather, excluding chamois leather expanded at an average annual rate of +5.5% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Saudi Arabia (-12.7% per year) and the United Arab Emirates (-4.1% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, picking up by 11% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 21% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-2.8%), while the other leaders experienced a decline in the export price figures.

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

Imports in the Middle East

After three years of decline, supplies from abroad of sheep, goat, swine or reptile leather, excluding chamois leather increased by 36% to X tons in 2022. In general, imports, however, saw a slight curtailment. Over the period under review, imports of attained the peak figure at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, imports of sheep, goat, swine or reptile leather, excluding chamois leather skyrocketed to $X in 2022. Overall, imports, however, continue to indicate a abrupt downturn. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Turkey prevails in leather structure, finishing at X tons, which was approx. 91% of total imports in 2022. Syrian Arab Republic (X tons), the United Arab Emirates (X tons) and Lebanon (X tons) held a relatively small share of total imports.

Turkey experienced a relatively flat trend pattern with regard to volume of imports of sheep, goat, swine or reptile leather, excluding chamois leather. At the same time, Syrian Arab Republic (+4.6%) displayed positive paces of growth. Moreover, Syrian Arab Republic emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +4.6% from 2012-2022. By contrast, Lebanon (-5.9%) and the United Arab Emirates (-14.8%) illustrated a downward trend over the same period. While the share of Turkey (+10 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the United Arab Emirates (-7.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported sheep, goat, swine or reptile leather, excluding chamois leather in the Middle East, comprising 87% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 2.7% share of total imports. It was followed by Syrian Arab Republic, with a 2% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey amounted to -12.3%. In the other countries, the average annual rates were as follows: the United Arab Emirates (-15.8% per year) and Syrian Arab Republic (-0.6% per year).

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per ton, dropping by -5.9% against the previous year. Overall, the import price showed a abrupt decline. The most prominent rate of growth was recorded in 2019 when the import price increased by 20% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 the United Arab Emirates ($X per ton), while Lebanon ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-1.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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