Scandinavia: Sheep Leather Market 2024

Sheep Leather Market Size in Scandinavia

The Scandinavia sheep leather market reached $X in 2023, picking up by X% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Sheep Leather Production in Scandinavia

In value terms, sheep leather production rose markedly to $X in 2023 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2022 to 2023, production growth failed to regain momentum.

Sheep Leather Exports

Exports in Scandinavia

Sheep leather exports contracted markedly to X square meters in 2023, with a decrease of X% against the year before. Overall, exports continue to indicate a sharp decrease. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The volume of export peaked at X square meters in 2013; however, from 2014 to 2023, the exports remained at a lower figure.

In value terms, sheep leather exports skyrocketed to $X in 2023. In general, exports recorded a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports reached the peak of $X. From 2022 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Sweden (X square meters) and Norway (X square meters) represented roughly X% of total exports in 2023. It was distantly followed by Finland (X square meters), making up a X% share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Norway (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, Norway ($X) emerged as the largest sheep leather supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was taken by Sweden ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in Norway was relatively modest. In the other countries, the average annual rates were as follows: Sweden (X% per year) and Finland (X% per year).

Export Prices by Country

The export price in Scandinavia stood at $X per square meter in 2023, rising by X% against the previous year. Overall, the export price enjoyed resilient growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Norway ($X per square meter), while Finland ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the other leaders experienced mixed trends in the export price figures.

Sheep Leather Imports

Imports in Scandinavia

In 2023, approx. X square meters of sheep or lamb skin leather were imported in Scandinavia; growing by X% against 2022 figures. Overall, imports, however, continue to indicate a relatively flat trend pattern. The volume of import peaked at X square meters in 2013; however, from 2014 to 2023, imports remained at a lower figure.

In value terms, sheep leather imports surged to $X in 2023. Over the period under review, imports saw a relatively flat trend pattern. The level of import peaked at $X in 2013; however, from 2014 to 2023, imports remained at a lower figure.

Imports by Country

Norway represented the main importing country with an import of around X square meters, which amounted to X% of total imports. Finland (X square meters) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Sweden (X%).

Norway was also the fastest-growing in terms of the sheep or lamb skin leather imports, with a CAGR of X% from 2012 to 2023. Sweden (X%) and Finland (X%) illustrated a downward trend over the same period. Norway (X p.p.) significantly strengthened its position in terms of the total imports, while Finland saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Norway ($X) constitutes the largest market for imported sheep or lamb skin leather in Scandinavia, comprising X% of total imports. The second position in the ranking was taken by Sweden ($X), with an X% share of total imports.

In Norway, sheep leather imports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Sweden (X% per year) and Finland (X% per year).

Import Prices by Country

In 2023, the import price in Scandinavia amounted to $X per square meter, picking up by X% against the previous year. Import price indicated modest growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, sheep leather import price decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 an increase of X%. As a result, import price reached the peak level of $X per square meter. From 2021 to 2023, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Sweden ($X per square meter), while Finland ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform