Sweden: Sheep Leather Market 2024

Sheep Leather Market Size in Sweden

The Swedish sheep leather market rose significantly to $X in 2022, growing by X% against the previous year. Overall, consumption, however, recorded a pronounced setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Sheep Leather Production in Sweden

In value terms, sheep leather production rose rapidly to $X in 2022 estimated in export price. In general, production, however, saw a pronounced reduction. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. Sheep leather production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Sheep Leather Exports

Exports from Sweden

In 2022, approx. X square meters of sheep or lamb skin leather were exported from Sweden; with a decrease of X% on 2021 figures. In general, exports faced a significant decrease. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at X square meters in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, sheep leather exports reduced notably to $X in 2022. Over the period under review, exports faced a precipitous curtailment. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then dropped dramatically in the following year.

Exports by Country

The United States (X square meters) was the main destination for sheep leather exports from Sweden, with a X% share of total exports. Moreover, sheep leather exports to the United States exceeded the volume sent to the second major destination, Canada (X square meters), fivefold. The third position in this ranking was taken by the UK (X square meters), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and the UK (X% per year).

In value terms, the United States ($X) emerged as the key foreign market for sheep or lamb skin leather exports from Sweden, comprising X% of total exports. The second position in the ranking was held by Canada ($X), with an X% share of total exports. It was followed by Israel, with a X% share.

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

Export Prices by Country

The average sheep leather export price stood at $X per square meter in 2022, surging by X% against the previous year. Over the period under review, the export price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

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 the United States ($X per square meter), while the average price for exports to the UK ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sheep Leather Imports

Imports into Sweden

In 2022, supplies from abroad of sheep or lamb skin leather increased by X% to X square meters, rising for the second year in a row after two years of decline. Overall, imports showed a modest increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked at X square meters in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, sheep leather imports soared to $X in 2022. In general, imports, however, saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X square meters) was the main supplier of sheep leather to Sweden, accounting for a X% share of total imports. Moreover, sheep leather imports from China exceeded the figures recorded by the second-largest supplier, the United States (X square meters), more than tenfold. Turkey (X square meters) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Turkey (X% per year).

In value terms, China ($X) constituted the largest supplier of sheep or lamb skin leather to Sweden, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Turkey (X% per year).

Import Prices by Country

The average sheep leather import price stood at $X per square meter in 2022, which is down by X% against the previous year. In general, the import price recorded a drastic downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per square meter in 2021, and then contracted markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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