ASEAN: Sheepskin And Lambskin Market 2024

Sheepskin And Lambskin Market Size in ASEAN

The ASEAN sheepskin and lambskin market fell to $X in 2022, dropping by X% against the previous year. The total consumption indicated moderate growth 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, consumption increased by X% against 2020 indices. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Sheepskin And Lambskin Production in ASEAN

In value terms, sheepskin and lambskin production reduced to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Indonesia (X tons) remains the largest sheepskin and lambskin producing country in ASEAN, comprising approx. X% of total volume. Moreover, sheepskin and lambskin production in Indonesia exceeded the figures recorded by the second-largest producer, Myanmar (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume in Indonesia totaled X%. The remaining producing countries recorded the following average annual rates of production growth: Myanmar (X% per year) and Malaysia (X% per year).

In 2022, the average sheepskin and lambskin yield in ASEAN shrank to X kg per head, which is down by X% compared with 2021. In general, the yield recorded a slight curtailment. The pace of growth was the most pronounced in 2021 when the yield increased by X%. Over the period under review, the sheepskin and lambskin yield hit record highs at X kg per head in 2018; however, from 2019 to 2022, the yield remained at a lower figure.

In 2022, number of animals slaughtered for sheepskin and lambskin production in ASEAN expanded rapidly to X heads, picking up by X% on the previous year. This number increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, the number of producing animals attained the peak level of X heads. From 2019 to 2022, the growth of this number failed to regain momentum.

Sheepskin And Lambskin Exports

Exports in ASEAN

In 2022, overseas shipments of sheep or lamb skins (without wool) increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, exports posted resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, sheepskin and lambskin exports soared to $X in 2022. In general, exports continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Myanmar dominates exports structure, finishing at X tons, which was approx. X% of total exports in 2022. Malaysia (X tons) followed a long way behind the leaders.

Myanmar was also the fastest-growing in terms of the sheep or lamb skins (without wool) exports, with a CAGR of X% from 2012 to 2022. Malaysia (X%) illustrated a downward trend over the same period. While the share of Myanmar (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Malaysia (X p.p.) displayed negative dynamics.

In value terms, Myanmar ($X) remains the largest sheepskin and lambskin supplier in ASEAN, comprising X% of total exports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total exports.

In Myanmar, sheepskin and lambskin exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in ASEAN stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the export price showed a abrupt setback. The pace of growth was the most pronounced in 2013 an increase of X%. Over the period under review, the export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while Myanmar stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%).

Sheepskin And Lambskin Imports

Imports in ASEAN

In 2022, overseas purchases of sheep or lamb skins (without wool) were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports showed strong growth. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, sheepskin and lambskin imports soared to $X in 2022. Over the period under review, imports showed a remarkable increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2020; afterwards, it flattened through to 2022.

Imports by Country

In 2022, Indonesia (X tons) was the largest importer of sheep or lamb skins (without wool), constituting X% of total imports. Thailand (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Vietnam (X%). The following importers - Malaysia (X tons) and Singapore (X tons) - each resulted at a X% share of total imports.

Imports into Indonesia increased at an average annual rate of X% from 2012 to 2022. At the same time, Thailand (X%) and Vietnam (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing importer imported in ASEAN, with a CAGR of X% from 2012-2022. Malaysia experienced a relatively flat trend pattern. By contrast, Singapore (X%) illustrated a downward trend over the same period. Thailand (X p.p.) and Vietnam (X p.p.) significantly strengthened its position in terms of the total imports, while Malaysia, Singapore and Indonesia saw its share reduced by X%, X% and X% from 2012 to 2022, respectively.

In value terms, Indonesia ($X) constitutes the largest market for imported sheep or lamb skins (without wool) in ASEAN, comprising X% of total imports. The second position in the ranking was taken by Thailand ($X), with a X% share of total imports. It was followed by Malaysia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Indonesia amounted to X%. In the other countries, the average annual rates were as follows: Thailand (X% per year) and Malaysia (X% per year).

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per ton, with a decrease of X% against the previous year. Import price indicated pronounced growth 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, sheepskin and lambskin import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, import prices reached the maximum at $X per ton in 2021, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Malaysia ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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