Nigeria: Sheepskin And Lambskin Market 2024

Sheepskin And Lambskin Market Size in Nigeria

The Nigerien sheepskin and lambskin market was estimated at $X in 2022, remaining stable against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Sheepskin and lambskin consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Sheepskin And Lambskin Production in Nigeria

In value terms, sheepskin and lambskin production rose significantly to $X in 2022 estimated in export price. Overall, production showed a prominent increase. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

The average yield of sheep or lamb skins (without wool) in Nigeria stood at X kg per head in 2022, approximately mirroring 2021 figures. In general, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the average sheepskin and lambskin yield hit record highs at X kg per head in 2018; however, from 2019 to 2022, the yield remained at a lower figure.

The number of animals slaughtered for sheepskin and lambskin production in Nigeria fell slightly to X heads in 2022, approximately mirroring 2021. This number increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when the number of producing animals increased by X% against the previous year. The number of animals slaughtered for sheepskin and lambskin production peaked at X heads in 2021, and then shrank in the following year.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Sheepskin And Lambskin Exports

Exports from Nigeria

In 2022, after two years of growth, there was significant decline in overseas shipments of sheep or lamb skins (without wool), when their volume decreased by X% to X tons. Over the period under review, exports recorded a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, sheepskin and lambskin exports declined rapidly to $X in 2022. Overall, exports, however, enjoyed measured growth. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

India (X tons) was the main destination for sheepskin and lambskin exports from Nigeria, accounting for a X% share of total exports. Moreover, sheepskin and lambskin exports to India exceeded the volume sent to the second major destination, Italy (X tons), sevenfold.

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

In value terms, India ($X) remains the key foreign market for sheep or lamb skins (without wool) exports from Nigeria, comprising X% of total exports. The second position in the ranking was held by Italy ($X), with a X% share of total exports.

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

Export Prices by Country

The average sheepskin and lambskin export price stood at $X per ton in 2022, rising by X% against the previous year. In general, the export price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to India amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced mixed trend patterns.

Sheepskin And Lambskin Imports

Imports into Nigeria

In 2022, purchases abroad of sheep or lamb skins (without wool) decreased by X% to X tons, falling for the second consecutive year after two years of growth. Overall, imports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sheepskin and lambskin imports reduced sharply to $X in 2022. In general, imports, however, posted a pronounced increase. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Jordan (X tons) constituted the largest sheepskin and lambskin supplier to Nigeria, accounting for a X% share of total imports. Moreover, sheepskin and lambskin imports from Jordan exceeded the figures recorded by the second-largest supplier, Sudan (X tons), twofold. Mali (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Jordan was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Sudan (X% per year) and Mali (X% per year).

In value terms, the largest sheepskin and lambskin suppliers to Nigeria were Jordan ($X), the Netherlands ($X) and Sudan ($X), with a combined X% share of total imports.

Among the main suppliers, Jordan, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

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. In general, the import price showed a deep contraction. The pace of growth was the most pronounced in 2013 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Mali ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :