Australia: Sheepskin And Lambskin Market 2024

Sheepskin And Lambskin Market Size in Australia

In 2022, the Australian sheepskin and lambskin market decreased by X% to $X, falling for the second consecutive year after three years of growth. Overall, consumption, however, recorded buoyant growth. Sheepskin and lambskin consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Sheepskin And Lambskin Production in Australia

In value terms, sheepskin and lambskin production reduced modestly to $X in 2022 estimated in export price. In general, production showed a pronounced descent. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

The average yield of sheep or lamb skins (without wool) in Australia fell significantly to X kg per head in 2022, which is down by X% on the previous year's figure. Over the period under review, the yield showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, the yield reached the peak level of X kg per head, and then fell notably in the following year.

The number of animals slaughtered for sheepskin and lambskin production in Australia amounted to X heads in 2022, growing by X% against 2021 figures. In general, the number of producing animals recorded a slight expansion. The most prominent rate of growth was recorded in 2013 when the number of producing animals increased by X% against the previous year. Over the period under review, this number hit record highs at X heads in 2014; however, from 2015 to 2022, producing animals failed to regain momentum.

Sheepskin And Lambskin Exports

Exports from Australia

In 2022, the amount of sheep or lamb skins (without wool) exported from Australia plummeted to X tons, waning by X% against the year before. In general, exports showed a noticeable slump. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, sheepskin and lambskin exports declined sharply to $X in 2022. Overall, exports saw a abrupt decline. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for sheepskin and lambskin exports from Australia, with a X% share of total exports. It was followed by Turkey (X tons), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Russia (X% per year).

In value terms, China ($X) remains the key foreign market for sheep or lamb skins (without wool) exports from Australia, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Russia (X% per year).

Export Prices by Country

In 2022, the average sheepskin and lambskin export price amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price, however, saw a deep downturn. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%), while the prices for the other major destinations experienced a decline.

Sheepskin And Lambskin Imports

Imports into Australia

In 2022, purchases abroad of sheep or lamb skins (without wool) decreased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded significant growth. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, sheepskin and lambskin imports dropped rapidly to $X in 2022. Over the period under review, imports, however, showed a strong increase. The smallest decline of X% was in 2015. Imports peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, New Zealand (X tons) was the main supplier of sheepskin and lambskin to Australia, with a approx. X% share of total imports.

From 2014 to 2022, the average annual growth rate of volume from New Zealand totaled X%.

In value terms, New Zealand ($X) constituted the largest supplier of sheep or lamb skins (without wool) to Australia.

From 2014 to 2022, the average annual rate of growth in terms of value from New Zealand totaled X%.

Import Prices by Country

The average sheepskin and lambskin import price stood at $X per ton in 2022, jumping by X% against the previous year. In general, the import price, however, saw a sharp descent. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for New Zealand.

From 2014 to 2022, the rate of growth in terms of prices for New Zealand amounted to X% per year.

Source: IndexBox Platform

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