Peru: Sheepskin And Lambskin Market 2024

Sheepskin And Lambskin Market Size in Peru

The Peruvian sheepskin and lambskin market shrank to $X in 2022, waning by X% against the previous year. In general, consumption continues to indicate a pronounced reduction. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Sheepskin And Lambskin Production in Peru

In value terms, sheepskin and lambskin production dropped to $X in 2022 estimated in export price. Overall, production continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

In 2022, the average sheepskin and lambskin yield in Peru stood at X kg per head, standing approx. at the year before. 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% against the previous year. The sheepskin and lambskin yield peaked in 2022 and is likely to see gradual growth in years to come.

The number of animals slaughtered for sheepskin and lambskin production in Peru shrank slightly to X heads in 2022, remaining stable against 2021 figures. Over the period under review, the number of producing animals recorded a slight decline. The pace of growth appeared the most rapid in 2016 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 2012; however, from 2013 to 2022, producing animals failed to regain momentum.

Sheepskin And Lambskin Exports

Exports from Peru

In 2022, after three years of decline, there was significant growth in overseas shipments of sheep or lamb skins (without wool), when their volume increased by X% to X tons. Over the period under review, exports, however, recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2013 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, sheepskin and lambskin exports rose sharply to $X in 2022. Overall, exports, however, faced a sharp decrease. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Mexico (X tons) was the main destination for sheepskin and lambskin exports from Peru, accounting for a X% share of total exports. Moreover, sheepskin and lambskin exports to Mexico exceeded the volume sent to the second major destination, Spain (X tons), eightfold. The third position in this ranking was taken by India (X tons), with a X% share.

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

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

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

Export Prices by Country

The average sheepskin and lambskin export price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the export price saw a pronounced descent. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 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 India ($X per ton), while the average price for exports to China ($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 India (X%), while the prices for the other major destinations experienced a decline.

Sheepskin And Lambskin Imports

Imports into Peru

After three years of growth, purchases abroad of sheep or lamb skins (without wool) decreased by X% to X kg in 2022. Overall, imports, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2017 with an increase of X%. Imports peaked at X tons in 2021, and then reduced notably in the following year.

In value terms, sheepskin and lambskin imports reduced markedly to $X in 2022. In general, imports saw a deep slump. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then plummeted in the following year.

Imports by Country

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

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

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

From 2012 to 2022, the average annual rate of growth in terms of value from Italy amounted to X%.

Import Prices by Country

In 2022, the average sheepskin and lambskin import price amounted to $X per ton, shrinking by X% against the previous year. Overall, the import price continues to indicate a deep setback. The growth pace was the most rapid 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 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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