Vietnam: Sheepskin And Lambskin Market 2022

Sheepskin And Lambskin Market Size in Vietnam

In 2020, the Vietnamese sheepskin and lambskin market decreased by -X% to $X, falling for the second consecutive year after five years of growth. Over the period under review, consumption showed a abrupt setback. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Sheepskin and lambskin consumption peaked at $X in 2018; however, from 2019 to 2020, consumption stood at a somewhat lower figure.

Sheepskin And Lambskin Exports

Exports from Vietnam

In 2020, overseas shipments of sheep or lamb skins (without wool) increased by X% to X kg, rising for the third consecutive year after four years of decline. Over the period under review, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Exports peaked at X tonnes in 2013; however, from 2014 to 2020, exports stood at a somewhat lower figure.

In value terms, sheepskin and lambskin exports reached $X in 2020. Overall, exports continue to indicate a remarkable increase. The growth pace was the most rapid in 2009 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at $X in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

Exports by Country

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

From 2007 to 2018, the average annual rate of growth in terms of volume to Pakistan totaled +X%.

From 2007 to 2018, the average annual rate of growth in terms of value to Pakistan amounted to +X%.

Export Prices by Country

The average sheepskin and lambskin export price stood at $X per tonne in 2018, with a decrease of -X% against the previous year. Overall, the export price, however, continues to indicate a pronounced increase. The most prominent rate of growth was recorded in 2009 when the average export price increased by X% year-to-year. Over the period under review, average export prices attained the maximum at $X per tonne in 2013; however, from 2014 to 2018, export prices remained at a lower figure.

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

From 2007 to 2018, the rate of growth in terms of prices for Pakistan amounted to +X% per year.

Sheepskin And Lambskin Imports

Imports into Vietnam

In 2020, supplies from abroad of sheep or lamb skins (without wool) decreased by -X% to X tonnes, falling for the second consecutive year after four years of growth. Over the period under review, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Imports peaked at X tonnes in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

In value terms, sheepskin and lambskin imports fell notably to $X in 2020. Overall, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2015 when imports increased by X% year-to-year. Imports peaked at $X in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, New Zealand (X tonnes) was the main sheepskin and lambskin supplier to Vietnam, with a X% share of total imports. Moreover, sheepskin and lambskin imports from New Zealand exceeded the figures recorded by the second-largest supplier, Australia (X tonnes), more than tenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume from New Zealand totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+X% per year) and Malaysia (-X% per year).

In value terms, New Zealand ($X) constituted the largest supplier of sheepskin and lambskin to Vietnam, comprising X% of total imports. The second position in the ranking was occupied by Australia ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from New Zealand totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (-X% per year) and Malaysia (-X% per year).

Import Prices by Country

In 2020, the average sheepskin and lambskin import price amounted to $X per tonne, increasing by X% against the previous year. In general, import price indicated a moderate expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, sheepskin and lambskin import price decreased by -X% against 2018 indices. The growth pace was the most rapid in 2014 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per tonne. from 2015 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform