Peru: 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 Peru

The Peruvian market for sheep, goat, swine or reptile leather, excluding chamois leather dropped slightly to $X in 2022, flattening at the previous year. Overall, the total consumption indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +1.6% against 2019 indices. Consumption of peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Production of Sheep, Goat, Swine or Reptile Leather, excluding Chamois Leather in Peru

In value terms, production of sheep, goat, swine or reptile leather, excluding chamois leather stood at $X in 2022 estimated in export price. Overall, production showed a mild setback. The growth pace was the most rapid in 2015 with an increase of 13%. Over the period under review, production of attained the maximum level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

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

Exports from Peru

In 2022, overseas shipments of sheep, goat, swine or reptile leather, excluding chamois leather increased by 19% to X tons, rising for the second year in a row after eight years of decline. Over the period under review, exports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 39%. Over the period under review, the exports of attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, exports of sheep, goat, swine or reptile leather, excluding chamois leather soared to $X in 2022. Overall, exports, however, recorded a abrupt setback. Over the period under review, the exports of attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Pakistan (X tons) was the main destination for exports of sheep, goat, swine or reptile leather, excluding chamois leather from Peru, accounting for a 36% share of total exports. Moreover, exports of sheep, goat, swine or reptile leather, excluding chamois leather to Pakistan exceeded the volume sent to the second major destination, India (X tons), twofold. China (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2022, the average annual growth rate of volume to Pakistan totaled +9.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (-25.2% per year) and China (-24.7% per year).

In value terms, the largest markets for sheep, goat, swine or reptile leather exported from Peru were India ($X), Italy ($X) and Turkey ($X), with a combined 37% share of total exports. Pakistan, Spain, Ecuador, China, the United States and Hong Kong SAR lagged somewhat behind, together comprising a further 34%.

In terms of the main countries of destination, Pakistan, with a CAGR of +15.7%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for sheep, goat, swine or reptile leather, excluding chamois leather stood at $X per ton in 2022, with an increase of 11% against the previous year. Overall, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +7.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for sheep, goat, swine or reptile leather, excluding chamois leather increased by +103.8% against 2012 indices. The pace of growth was the most pronounced in 2016 an increase of 32% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to Pakistan ($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 Turkey (+43.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Peru

In 2022, supplies from abroad of sheep, goat, swine or reptile leather, excluding chamois leather increased by 12% to X tons, rising for the third consecutive year after two years of decline. Overall, imports, however, continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2017 when imports increased by 58%. Over the period under review, imports of hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of sheep, goat, swine or reptile leather, excluding chamois leather totaled $X in 2022. In general, imports, however, recorded a abrupt curtailment. The growth pace was the most rapid in 2016 with an increase of 36%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Taiwan (Chinese) (X tons), China (X tons) and Italy (X tons) were the main suppliers of imports of sheep, goat, swine or reptile leather, excluding chamois leather to Peru, with a combined 61% share of total imports. Uruguay, Pakistan, Chile and Argentina lagged somewhat behind, together comprising a further 19%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Uruguay (with a CAGR of +43.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X), Italy ($X) and Uruguay ($X) constituted the largest sheep, goat, swine or reptile leather suppliers to Peru, with a combined 47% share of total imports.

In terms of the main suppliers, Uruguay, with a CAGR of +31.0%, recorded 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

In 2022, the average import price for sheep, goat, swine or reptile leather, excluding chamois leather amounted to $X per ton, approximately reflecting the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 41%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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