Turkey - Sheep or Lamb Skin Leather - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Turkey - Sheep or Lamb Skin Leather - Market Analysis, Forecast, Size, Trends And Insights

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Article Publishing Date: Mar 16, 2024

Turkeys Import of Sheep Leather Decreases Significantly to $241K in January 2024

Turkey Sheep Leather Imports

In January 2024, after two months of decline, there was significant growth in overseas purchases of sheep or lamb skin leather, when their volume increased by 52% to 80K square meters. In general, imports, however, continue to indicate a deep slump. The most prominent rate of growth was recorded in October 2023 with an increase of 132% m-o-m. Over the period under review, imports reached the peak figure at 248K square meters in February 2023; however, from March 2023 to January 2024, imports stood at a somewhat lower figure.

In value terms, sheep leather imports shrank to $241K (IndexBox estimates) in January 2024. Overall, imports, however, recorded a deep setback. The most prominent rate of growth was recorded in March 2023 with an increase of 207% month-to-month. As a result, imports reached the peak of $1.8M. From April 2023 to January 2024, the growth of imports remained at a somewhat lower figure.Turkey Sheep Leather Imports By Country (USD)

COUNTRYImport Value of Sheep Leather in Turkey (USD)
Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023Jul 2023Aug 2023Sep 2023Oct 2023Nov 2023Dec 2023Jan 2024
NigeriaN/AN/AN/AN/A153,900N/AN/AN/AN/AN/A107,58777,883148,566
Uzbekistan36,11065,14338,00036,27058,580N/AN/AN/A17,700N/AN/AN/A18,700
Iraq169,79525,920N/AN/A24,300N/A11,650232,050142,80057,62513,00035,12512,750
IsraelN/AN/AN/AN/AN/AN/A298,800N/AN/AN/AN/AN/AN/A
Iran48,250134,200N/AN/A52,45852,26072,66639,600N/AN/AN/AN/AN/A
MongoliaN/AN/A75,712104,05584,43015,750N/AN/AN/AN/AN/AN/AN/A
MoroccoN/AN/AN/AN/AN/AN/AN/AN/AN/A205,475N/AN/AN/A
Others422,929372,7831,723,653748,219110,522344,499581,687213,795247,162449,292197,420155,88560,661
Total677,084598,0461,837,365888,544484,190412,509964,803485,445407,662712,392318,007268,893240,677

Imports by Country

Nigeria (26K square meters), Iraq (16K square meters) and Uzbekistan (15K square meters) were the main suppliers of sheep leather imports to Turkey, together comprising 71% of total imports.

From January 2023 to January 2024, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Nigeria (with a CAGR of +8.9%), while imports for the other leaders experienced a decline.

In value terms, Nigeria ($149K) constituted the largest supplier of sheep leather to Turkey, comprising 62% of total imports. The second position in the ranking was taken by Uzbekistan ($19K), with a 7.8% share of total imports.

From January 2023 to January 2024, the average monthly rate of growth in terms of value from Nigeria was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: Uzbekistan (-5.3% per month) and Iraq (-19.4% per month).

Import Prices by Country

In January 2024, the sheep leather price amounted to $3.0 per square meter (CIF, Turkey), with a decrease of -41.1% against the previous month. Overall, the import price showed a slight decline. The growth pace was the most rapid in March 2023 when the average import price increased by 223% against the previous month. Over the period under review, average import prices attained the peak figure at $7.9 per square meter in September 2023; however, from October 2023 to January 2024, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Sudan ($12.7 per square meter), while the price for Iraq ($817 per thousand square meters) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Sudan (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sheep leather market in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 15114130 - Sheep or lamb skin leather without wool on, tanned but not further prepared (excluding chamois leather)

Country coverage:

  • Turkey

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Turkey
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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