New Zealand: Sheep Leather Market 2024

Sheep Leather Market Size in New Zealand

The New Zealand sheep leather market soared to $X in 2022, growing by X% against the previous year. Over the period under review, consumption enjoyed a remarkable increase. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Sheep Leather Production in New Zealand

In value terms, sheep leather production surged to $X in 2022 estimated in export price. In general, production enjoyed tangible growth. The growth pace was the most rapid in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Sheep Leather Exports

Exports from New Zealand

In 2022, exports of sheep or lamb skin leather from New Zealand reduced sharply to X square meters, dropping by X% against the previous year. Over the period under review, exports faced a abrupt setback. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X square meters. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, sheep leather exports soared to $X in 2022. Overall, exports saw a abrupt downturn. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

India (X square meters) was the main destination for sheep leather exports from New Zealand, with a X% share of total exports. Moreover, sheep leather exports to India exceeded the volume sent to the second major destination, China (X square meters), more than tenfold.

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

In value terms, India ($X) remains the key foreign market for sheep or lamb skin leather exports from New Zealand, comprising X% of total exports. The second position in the ranking was taken by China ($X), with a X% share of total exports.

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

Export Prices by Country

The average sheep leather export price stood at $X per square meter in 2022, picking up by X% against the previous year. In general, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per square meter), while the average price for exports to India ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sheep Leather Imports

Imports into New Zealand

In 2022, purchases abroad of sheep or lamb skin leather decreased by X% to X square meters, falling for the second year in a row after two years of growth. In general, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Imports peaked at X square meters in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, sheep leather imports reduced notably to $X in 2022. Over the period under review, imports recorded a abrupt setback. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Thailand (X square meters) constituted the largest supplier of sheep leather to New Zealand, accounting for a X% share of total imports. Moreover, sheep leather imports from Thailand exceeded the figures recorded by the second-largest supplier, Italy (X square meters), sevenfold.

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

In value terms, Thailand ($X) constituted the largest supplier of sheep or lamb skin leather to New Zealand, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports.

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

Import Prices by Country

In 2022, the average sheep leather import price amounted to $X per square meter, declining by X% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sheep leather import price decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per square meter in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($X per square meter), while the price for Italy stood at $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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