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. Overall, consumption showed a perceptible decrease. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Sheepskin And Lambskin Production in Nepal

In value terms, sheepskin and lambskin production shrank to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

The average yield of sheep or lamb skins (without wool) in Nepal shrank to X kg per head in 2022, waning by X% against the previous year's figure. Over the period under review, the yield saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the yield reached the peak level of X kg per head, and then shrank in the following year.

In 2022, number of animals slaughtered for sheepskin and lambskin production in Nepal amounted to X heads, stabilizing at the year before. Overall, the number of producing animals, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, the amount of animals produced attained the peak level of X heads. From 2021 to 2022, the growth of this number remained at a somewhat lower figure.

Sheepskin And Lambskin Exports

Exports from Nepal

Sheepskin and lambskin exports from Nepal amounted to X tons in 2022, remaining constant against the year before. In general, exports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, sheepskin and lambskin exports dropped slightly to $X in 2022. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for sheepskin and lambskin exports from Nepal, accounting for 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 held by France (X kg), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled 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 growth rate of value to the United States totaled 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

In 2022, the average sheepskin and lambskin export price amounted to $X per ton, flattening at the previous year. In general, the export price, however, showed a strong increase. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: 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 Australia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Sheepskin And Lambskin Imports

Imports into Nepal

After three years of growth, purchases abroad of sheep or lamb skins (without wool) decreased by X% to X kg in 2022. In general, imports continue to indicate a significant decline. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, sheepskin and lambskin imports fell to $X in 2022. Over the period under review, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

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

From 2012 to 2022, the average annual growth rate 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 totaled X%.

Import Prices by Country

The average sheepskin and lambskin import price stood at $X per ton in 2022, waning by X% against the previous year. Overall, the import price, however, showed a strong expansion. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat 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 the United States amounted to X% per year.

Source: IndexBox Platform

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