Prepared Sheep Leather Price in Ethiopia - 2022
Contents:
- Prepared Sheep Leather Price in Ethiopia (FOB) - 2022
- Prepared Sheep Leather Price in Ethiopia (CIF) - 2022
- Prepared Sheep Leather Exports in Ethiopia
- Prepared Sheep Leather Imports in Ethiopia
Prepared Sheep Leather Price in Ethiopia (FOB) - 2022
The average prepared sheep leather export price stood at $6.7 per square meter in 2022, dropping by -14.4% against the previous year. Overall, the export price saw a deep slump. The pace of growth was the most pronounced in 2016 an increase of 1.8%. The export price peaked at $18 per square meter in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($25 per square meter), while the average price for exports to China ($4.3 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (-1.0%), while the prices for the other major destinations experienced a decline.
Prepared Sheep Leather Price in Ethiopia (CIF) - 2022
In 2022, the average prepared sheep leather import price amounted to $12 per square meter, declining by -7.2% against the previous year. In general, the import price saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 an increase of 22% against the previous year. The import price peaked at $25 per square meter in 2019; however, from 2020 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 China.
From 2012 to 2022, the rate of growth in terms of prices for Hungary amounted to +16.7% per year.
Prepared Sheep Leather Exports in Ethiopia
In 2022, overseas shipments of sheep or lamb skin leather, prepared were finally on the rise to reach 2.2M square meters after two years of decline. Overall, exports, however, faced a abrupt decrease. The exports peaked at 3.6M square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, prepared sheep leather exports totaled $15M in 2022. Over the period under review, exports, however, showed a significant decline. Over the period under review, the exports hit record highs at $39M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Prepared Sheep Leather in Ethiopia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 16.5 | 8.2 | 6.1 | 6.3 | -27.5% |
| Vietnam | 2.6 | 1.5 | 1.6 | 2.4 | -2.6% |
| India | 2.4 | 1.6 | 1.2 | 1.4 | -16.4% |
| Indonesia | 1.8 | 1.0 | 1.4 | 1.3 | -10.3% |
| Italy | 1.2 | 0.8 | 0.6 | 1.1 | -2.9% |
| United Kingdom | 4.8 | 1.4 | 0.5 | 0.6 | -50.0% |
| Hong Kong SAR | 4.4 | 2.8 | 1.2 | 0.6 | -48.5% |
| Others | 5.2 | 1.3 | 1.3 | 1.5 | -33.9% |
| Total | 38.9 | 18.6 | 14.0 | 15.1 | -27.1% |
Top Export Markets for Prepared Sheep Leather from Ethiopia in 2022:
- China (1476.1K square meters)
- Italy (236.9K square meters)
- Vietnam (157.9K square meters)
- India (123.8K square meters)
- Indonesia (73.7K square meters)
- United Kingdom (43.8K square meters)
- Hong Kong SAR (43.7K square meters)
Prepared Sheep Leather Imports in Ethiopia
In 2022, approx. 379 square meters of sheep or lamb skin leather, prepared were imported into Ethiopia; which is down by -96.7% compared with the previous year's figure. Over the period under review, imports continue to indicate a dramatic descent. The growth pace was the most rapid in 2021 when imports increased by 307% against the previous year. Over the period under review, imports reached the maximum at 24K square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, prepared sheep leather imports declined rapidly to $4.6K in 2022. In general, imports showed a sharp shrinkage. The growth pace was the most rapid in 2021 with an increase of 180% against the previous year. Over the period under review, imports attained the maximum at $613K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Prepared Sheep Leather in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 333 | 36.7 | 34.6 | 4.6 | -76.0% |
| Italy | 8.5 | N/A | 43.9 | 0.1 | -77.3% |
| Hong Kong SAR | 19.2 | N/A | N/A | N/A | 0% |
| Hungary | 65.9 | N/A | N/A | N/A | 0% |
| United Kingdom | 9.6 | N/A | 6.0 | N/A | -20.9% |
| India | 90.4 | 17.8 | 23.9 | N/A | -48.6% |
| Others | 86.3 | N/A | 43.9 | N/A | -28.7% |
| Total | 613 | 54.5 | 152 | 4.6 | -80.4% |
Top Suppliers of Prepared Sheep Leather to Ethiopia in 2022:
- China (374.0 square meters)
- Italy (5.0 square meters)
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