Venezuela: Market for Sheep, Goat, Swine or Reptile Leather, excluding Chamois Leather 2024

Market Size for Sheep, Goat, Swine or Reptile Leather, excluding Chamois Leather in Venezuela

In 2022, the Venezuelan market for sheep, goat, swine or reptile leather, excluding chamois leather decreased by -3.8% to $X, falling for the seventh consecutive year after two years of growth. In general, consumption continues to indicate a mild descent. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Production of Sheep, Goat, Swine or Reptile Leather, excluding Chamois Leather in Venezuela

In value terms, production of sheep, goat, swine or reptile leather, excluding chamois leather reduced to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 22% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production of growth remained at a lower figure.

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Exports of Sheep, Goat, Swine or Reptile Leather, excluding Chamois Leather

Exports from Venezuela

In 2022, exports of sheep, goat, swine or reptile leather, excluding chamois leather from Venezuela skyrocketed to X tons, rising by 16% compared with the previous year. Over the period under review, exports saw prominent growth. The pace of growth appeared the most rapid in 2014 when exports increased by 363% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of sheep, goat, swine or reptile leather, excluding chamois leather skyrocketed to $X in 2022. In general, exports recorded buoyant growth. The growth pace was the most rapid in 2013 when exports increased by 25% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

Germany (X tons) was the main destination for exports of sheep, goat, swine or reptile leather, excluding chamois leather from Venezuela, with a 74% share of total exports. Moreover, exports of sheep, goat, swine or reptile leather, excluding chamois leather to Germany exceeded the volume sent to the second major destination, Italy (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at +13.5%.

In value terms, Germany ($X) remains the key foreign market for sheep, goat, swine or reptile leather, excluding chamois leather exports from Venezuela, comprising 77% of total exports. The second position in the ranking was held by Italy ($X), with an 18% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to +18.3%.

Export Prices by Country

The average export price for sheep, goat, swine or reptile leather, excluding chamois leather stood at $X per ton in 2022, with an increase of 2.9% against the previous year. Overall, the export price enjoyed a perceptible expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 416%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Italy stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+4.2%).

Imports of Sheep, Goat, Swine or Reptile Leather, excluding Chamois Leather

Imports into Venezuela

In 2022, overseas purchases of sheep, goat, swine or reptile leather, excluding chamois leather increased by 4.9% to X tons, rising for the fourth year in a row after six years of decline. In general, imports, however, continue to indicate a deep reduction. Over the period under review, imports of reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of sheep, goat, swine or reptile leather, excluding chamois leather amounted to $X in 2022. Overall, imports, however, saw a abrupt descent. Over the period under review, imports of attained the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Mexico (X tons) constituted the largest sheep, goat, swine or reptile leather supplier to Venezuela, with a 56% share of total imports. Moreover, imports of sheep, goat, swine or reptile leather, excluding chamois leather from Mexico exceeded the figures recorded by the second-largest supplier, Pakistan (X tons), fourfold. The third position in this ranking was taken by the United States (X tons), with a 9.4% share.

From 2012 to 2022, the average annual growth rate of volume from Mexico stood at +19.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (-5.1% per year) and the United States (+58.7% per year).

In value terms, the United States ($X) constituted the largest supplier of sheep, goat, swine or reptile leather, excluding chamois leather to Venezuela, comprising 42% of total imports. The second position in the ranking was held by Peru ($X), with a 21% share of total imports. It was followed by China, with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at +45.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (+2.6% per year) and China (-10.2% per year).

Import Prices by Country

The average import price for sheep, goat, swine or reptile leather, excluding chamois leather stood at $X per ton in 2022, growing by 8.3% against the previous year. Overall, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +8.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for sheep, goat, swine or reptile leather, excluding chamois leather increased by +40.4% against 2016 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 52%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+47.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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