Nepal: Sheepskin And Lambskin Market 2024

Sheepskin And Lambskin Market Size in Nepal

The Nepalese sheepskin and lambskin market shrank slightly to $X in 2022, falling by X% against the previous year. In general, consumption continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2021 when the market value increased by X%. Sheepskin and lambskin consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Sheepskin And Lambskin Production in Nepal

In value terms, sheepskin and lambskin production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

In 2022, the average sheepskin and lambskin yield in Nepal shrank to X kg per head, with a decrease of X% compared with 2021. Overall, the yield saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the yield attained the peak level of X kg per head, and then reduced in the following year.

In 2022, number of animals slaughtered for sheepskin and lambskin production in Nepal reached X heads, leveling off at 2021 figures. Overall, the number of producing animals, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the number of producing animals increased by X% against the previous year. As a result, the number of producing animals reached the peak level of X heads. From 2021 to 2022, the growth of this number remained at a lower figure.

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Sheepskin And Lambskin Exports

Exports from Nepal

For the third consecutive year, Nepal recorded growth in overseas shipments of sheep or lamb skins (without wool), which increased by X% to X tons in 2022. In general, exports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of X%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, sheepskin and lambskin exports reached $X in 2022. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

The United States (X tons) was the main destination for sheepskin and lambskin exports from Nepal, with a X% share of total exports. Moreover, sheepskin and lambskin exports to the United States exceeded the volume sent to the second major destination, Russia (X kg), fourfold. The third position in this ranking was taken by France (X kg), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and France (X% per year).

In value terms, the United States ($X) remains the key foreign market for sheep or lamb skins (without wool) exports from Nepal, comprising X% of total exports. The second position in the ranking was taken by Russia ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and France (X% per year).

Export Prices by Country

The average sheepskin and lambskin export price stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the export price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced a decline.

Sheepskin And Lambskin Imports

Imports into Nepal

In 2022, overseas purchases of sheep or lamb skins (without wool) increased by X% to X kg, rising for the second consecutive year after eight years of decline. In general, imports, however, saw a sharp reduction. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, sheepskin and lambskin imports reduced sharply to $X in 2022. Overall, imports, however, saw a dramatic descent. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, India (X kg) constituted the largest sheepskin and lambskin supplier to Nepal, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from India totaled X%.

In value terms, India ($X) constituted the largest supplier of sheep or lamb skins (without wool) to Nepal.

From 2012 to 2022, the average annual growth rate of value from India stood at X%.

Import Prices by Country

The average sheepskin and lambskin import price stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, the import price saw a abrupt contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to X% per year.

Source: IndexBox Platform

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