U.S.: Sheepskin and Lambskin Market Overview 2021

Sheepskin and Lambskin Market Size in the U.S.

The U.S. sheepskin and lambskin market totaled $X in 2020, growing by X% against the previous year. in general, consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Over the period under review, the market hit record highs in 2020 and is expected to retain growth in years to come.

Sheepskin and Lambskin Production in the U.S.

In value terms, sheepskin and lambskin production reached $X in 2020. in general, production showed a perceptible curtailment. The growth pace was the most rapid in 2012 when the production volume increased by X% year-to-year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2020, production failed to regain the momentum.

In 2020, the average yield of sheep or lamb skins (without wool) in the U.S. reduced modestly to X kg per X heads, with a decrease of -X% on the previous year. Over the period under review, the yield saw a slight slump. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, the average sheepskin and lambskin yield hit record highs at X kg per head in 2011; however, from 2012 to 2020, the yield stood at a somewhat lower figure.

In 2020, approx. X heads of animals slaughtered for sheepskin and lambskin production in the U.S.; approximately equating the previous year's figure. Overall, the number of producing animals continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Over the period under review, this number hit record highs at X heads in 2008; however, from 2009 to 2020, producing animals failed to regain the momentum.

Sheepskin and Lambskin Exports

Exports from the U.S.

In 2020, approx. X tonnes of sheep or lamb skins (without wool) were exported from the U.S.; shrinking by -X% compared with the year before. Overall, exports recorded a perceptible slump. The most prominent rate of growth was recorded in 2008 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at X tonnes in 2011; however, from 2012 to 2020, exports stood at a somewhat lower figure.

In value terms, sheepskin and lambskin exports shrank to $X in 2020. in general, exports recorded a abrupt contraction. The growth pace was the most rapid in 2008 when exports increased by X% y-o-y. Over the period under review, exports attained the peak figure at $X in 2011; however, from 2012 to 2020, exports stood at a somewhat lower figure.

Exports by Country

China (X tonnes) was the main destination for sheepskin and lambskin exports from the U.S., accounting for a X% share of total exports. Moreover, sheepskin and lambskin exports to China exceeded the volume sent to the second major destination, Canada (X tonnes), more than tenfold. The third position in this ranking was occupied by Brazil (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to China stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-X% per year) and Brazil (+X% per year).

In value terms, China ($X) remains the key foreign market for sheepskin and lambskin exports from the U.S., comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2007 to 2020, the average annual growth rate of value to China totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-X% per year) and Germany (+X% per year).

Export Prices by Country

In 2020, the average sheepskin and lambskin export price amounted to $X per tonne, rising by X% against the previous year. in general, the export price, however, showed a mild setback. The pace of growth appeared the most rapid in 2012 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2013; however, from 2014 to 2020, export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. in 2020, the countries with the highest prices were Germany ($X per tonne) and China ($X per tonne), while the average price for exports to Brazil ($X per tonne) and Canada ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced a decline.

Sheepskin and Lambskin Imports

Imports into the U.S.

In 2020, approx. X tonnes of sheep or lamb skins (without wool) were imported into the U.S.; dropping by -X% against the year before. Overall, imports continue to indicate a deep reduction. The growth pace was the most rapid in 2008 when imports increased by X% y-o-y. As a result, imports reached the peak of X tonnes. from 2009 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, sheepskin and lambskin imports contracted to $X in 2020. in general, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2008 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. from 2009 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2020, Canada (X tonnes) constituted the largest supplier of sheepskin and lambskin to the U.S., with a X% share of total imports. Moreover, sheepskin and lambskin imports from Canada exceeded the figures recorded by the second-largest supplier, Denmark (X tonnes), twofold. The third position in this ranking was occupied by Italy (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Canada totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+X% per year) and Italy (+X% per year).

In value terms, the largest sheepskin and lambskin suppliers to the U.S. were Turkey ($X), Canada ($X) and Italy ($X), with a combined X% share of total imports. Denmark lagged somewhat behind, accounting for a further X saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2020, the average sheepskin and lambskin import price amounted to $X per tonne, growing by X% against the previous year. Over the period under review, the import price posted slight growth. The most prominent rate of growth was recorded in 2018 an increase of X% y-o-y. As a result, import price reached the peak level of $X per tonne. from 2019 to 2020, the growth in terms of the average import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. in 2020, the country with the highest price was Turkey ($X per tonne), while the price for Denmark ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Canada, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform