Sri Lanka: Sheepskin And Lambskin Market 2024

Sheepskin And Lambskin Market Size in Sri Lanka

In 2022, the Sri Lankan sheepskin and lambskin market increased by X% to $X, rising for the sixth year in a row after two years of decline. Overall, consumption showed a resilient increase. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Sheepskin And Lambskin Production in Sri Lanka

In value terms, sheepskin and lambskin production dropped to $X in 2022 estimated in export price. Over the period under review, the total production indicated a measured expansion from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

The average yield of sheep or lamb skins (without wool) in Sri Lanka was estimated at X kg per head in 2022, remaining constant against the previous year. In general, the yield continues to indicate a relatively flat trend pattern. The sheepskin and lambskin yield peaked in 2022 and is expected to retain growth in the near future.

In 2022, the number of animals slaughtered for sheepskin and lambskin production in Sri Lanka reduced modestly to X heads, with a decrease of X% against the year before. This number increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X%. The number of animals slaughtered for sheepskin and lambskin production peaked at X heads in 2021, and then declined in the following year.

Sheepskin And Lambskin Exports

Exports from Sri Lanka

In 2022, shipments abroad of sheep or lamb skins (without wool) decreased by X% to X kg, falling for the eighth consecutive year after three years of growth. Overall, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, sheepskin and lambskin exports reduced rapidly to $X in 2022. In general, exports faced a abrupt downturn. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Pakistan (X kg) was the main destination for sheepskin and lambskin exports from Sri Lanka, accounting for a approx. X% share of total exports.

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

In value terms, Pakistan ($X) also remains the key foreign market for sheep or lamb skins (without wool) exports from Sri Lanka.

From 2012 to 2022, the average annual growth rate of value to Pakistan amounted to X%.

Export Prices by Country

The average sheepskin and lambskin export price stood at $X per ton in 2022, leveling off at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Pakistan.

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

Sheepskin And Lambskin Imports

Imports into Sri Lanka

In 2022, supplies from abroad of sheep or lamb skins (without wool) increased by X% to X tons, rising for the sixth year in a row after two years of decline. Overall, imports recorded a strong expansion. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, sheepskin and lambskin imports shrank slightly to $X in 2022. Over the period under review, imports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Turkey (X kg) constituted the largest supplier of sheepskin and lambskin to Sri Lanka, accounting for a X% share of total imports. Moreover, sheepskin and lambskin imports from Turkey exceeded the figures recorded by the second-largest supplier, China (X kg), eightfold.

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

In value terms, Turkey ($X) constituted the largest supplier of sheep or lamb skins (without wool) to Sri Lanka, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Turkey totaled X.0%.

Import Prices by Country

In 2022, the average sheepskin and lambskin import price amounted to $X per ton, reducing by X% against the previous year. In general, the import price faced a abrupt descent. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. As a result, import price reached 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 Turkey ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X.7%).

Source: IndexBox Platform

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