Ethiopia: Sheepskin And Lambskin Market 2024

Sheepskin And Lambskin Market Size in Ethiopia

In 2022, the Ethiopian sheepskin and lambskin market decreased by X% to $X for the first time since 2016, thus ending a five-year rising trend. Over the period under review, the total consumption indicated pronounced 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 2016 indices. Sheepskin and lambskin consumption peaked at $X in 2021, and then fell slightly in the following year.

Sheepskin And Lambskin Production in Ethiopia

In value terms, sheepskin and lambskin production declined to $X in 2022 estimated in export price. Over the period under review, the total production indicated a mild expansion 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, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

The average yield of sheep or lamb skins (without wool) in Ethiopia reduced to X kg per head in 2022, waning by X% compared with the previous year. Overall, the yield, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the yield increased by X% against the previous year. As a result, the yield attained the peak level of X kg per head, and then reduced in the following year.

The number of animals slaughtered for sheepskin and lambskin production in Ethiopia rose markedly to X heads in 2022, surging by X% compared with the year before. This number increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 when the number of producing animals increased by X%. The number of animals slaughtered for sheepskin and lambskin production peaked at X heads in 2020; however, from 2021 to 2022, producing animals failed to regain momentum.

Sheepskin And Lambskin Exports

Exports from Ethiopia

In 2022, after five years of growth, there was significant decline in shipments abroad of sheep or lamb skins (without wool), when their volume decreased by X% to X tons. In general, exports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. The exports peaked at X tons in 2021, and then shrank significantly in the following year.

In value terms, sheepskin and lambskin exports fell sharply to $X in 2022. Over the period under review, exports, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2018 with an increase of X%. The exports peaked at $X in 2021, and then shrank sharply in the following year.

Exports by Country

The UK (X tons), Indonesia (X tons) and China (X tons) were the main destinations of sheepskin and lambskin exports from Ethiopia, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), the UK ($X) and Indonesia ($X) were the largest markets for sheepskin and lambskin exported from Ethiopia worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, the UK, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average sheepskin and lambskin export price stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the export price recorded a slight setback. The growth pace was the most rapid in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Nigeria ($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 China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sheepskin And Lambskin Imports

Imports into Ethiopia

After three years of decline, purchases abroad of sheep or lamb skins (without wool) increased by X% to X tons in 2022. In general, imports enjoyed significant growth. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, sheepskin and lambskin imports surged to $X in 2022. Overall, imports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons) and Saudi Arabia (X tons) were the main suppliers of sheepskin and lambskin imports to Ethiopia.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%).

In value terms, the largest sheepskin and lambskin suppliers to Ethiopia were China ($X) and Saudi Arabia ($X).

China, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

In 2022, the average sheepskin and lambskin import price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Saudi Arabia ($X per ton), while the price for China stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sudan (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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