U.S.: Sheep Leather Market 2024

Sheep Leather Market Size in the U.S.

The U.S. sheep leather market reduced to $X in 2022, almost unchanged from the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X; afterwards, it flattened through to 2022.

Sheep Leather Production in the U.S.

In value terms, sheep leather production shrank to $X in 2022. Over the period under review, the total production indicated a notable 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 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

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Sheep Leather Exports

Exports from the U.S.

In 2022, sheep leather exports from the United States skyrocketed to X square meters, picking up by X% against the previous year. Overall, exports, however, recorded a dramatic descent. Over the period under review, the exports hit record highs at X square meters in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, sheep leather exports surged to $X in 2022. In general, exports, however, showed a abrupt decline. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The UK (X square meters), Mexico (X square meters) and Canada (X square meters) were the main destinations of sheep leather exports from the United States, with a combined X% share of total exports. Germany, Croatia and Saudi Arabia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Croatia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sheep leather exported from the United States were Mexico ($X), the UK ($X) and Germany ($X), with a combined X% share of total exports. Canada, Croatia and Saudi Arabia lagged somewhat behind, together comprising a further X%.

Croatia, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average sheep leather export price amounted to $X per square meter, growing by X% against the previous year. Over the period under review, the export price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($X per square meter), while the average price for exports to Canada ($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 Japan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sheep Leather Imports

Imports into the U.S.

In 2022, overseas purchases of sheep or lamb skin leather decreased by X% to X square meters, falling for the second year in a row after four years of growth. In general, imports showed a abrupt decline. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X square meters in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, sheep leather imports dropped dramatically to $X in 2022. Over the period under review, imports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Nigeria (X square meters), Pakistan (X square meters) and Turkey (X square meters) were the main suppliers of sheep leather imports to the United States, with a combined X% share of total imports.

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

In value terms, the largest sheep leather suppliers to the United States were Nigeria ($X), Turkey ($X) and Pakistan ($X), with a combined X% share of total imports.

In terms of the main suppliers, Turkey, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The average sheep leather import price stood at $X per square meter in 2022, rising by X% against the previous year. In general, import price indicated a moderate expansion from 2012 to 2022: its price 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, sheep leather import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.

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 Spain ($X per square meter), while the price for France ($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 Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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