GCC: Sheepskin And Lambskin Market 2024

Sheepskin And Lambskin Market Size in GCC

The GCC sheepskin and lambskin market totaled $X in 2022, surging by X% against the previous year. Overall, consumption, however, continues to indicate a mild curtailment. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Sheepskin And Lambskin Production in GCC

In value terms, sheepskin and lambskin production rose remarkably to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a noticeable descent. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were Saudi Arabia (X tons), Kuwait (X tons) and Bahrain (X tons), with a combined X% share of total production. Oman, Qatar and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Oman (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

The average sheepskin and lambskin yield stood at X kg per head in 2022, remaining constant against the previous year. Overall, the yield, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the yield increased by X%. The level of yield peaked at X kg per head in 2014; however, from 2015 to 2022, the yield remained at a lower figure.

In 2022, the number of animals slaughtered for sheepskin and lambskin production in GCC amounted to X heads, therefore, remained relatively stable against the previous year. This number increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of X%. The level of producing animals peaked at X heads in 2017; however, from 2018 to 2022, producing animals remained at a lower figure.

Sheepskin And Lambskin Exports

Exports in GCC

Sheepskin and lambskin exports fell to X tons in 2022, waning by X% on 2021 figures. In general, exports saw a abrupt descent. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, sheepskin and lambskin exports rose sharply to $X in 2022. Over the period under review, exports saw a deep slump. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The shipments of the two major exporters of sheep or lamb skins (without wool), namely Saudi Arabia and the United Arab Emirates, represented more than two-thirds of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Saudi Arabia (with a CAGR of X%).

In value terms, Saudi Arabia ($X) and the United Arab Emirates ($X) were the countries with the highest levels of exports in 2022.

Among the main exporting countries, Saudi Arabia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in GCC amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2017 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the United Arab Emirates totaled $X per ton.

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

Sheepskin And Lambskin Imports

Imports in GCC

Sheepskin and lambskin imports shrank markedly to X tons in 2022, waning by X% compared with 2021 figures. In general, imports continue to indicate a sharp descent. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, sheepskin and lambskin imports reduced dramatically to $X in 2022. Overall, imports faced a precipitous decrease. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

The United Arab Emirates represented the major importer of sheep or lamb skins (without wool) in GCC, with the volume of imports reaching X tons, which was near X% of total imports in 2022. It was distantly followed by Kuwait (X kg), comprising a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to sheepskin and lambskin imports into the United Arab Emirates stood at X%. At the same time, Kuwait (X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing importer imported in GCC, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Kuwait increased by X percentage points.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported sheep or lamb skins (without wool) in GCC, comprising X% of total imports. The second position in the ranking was taken by Kuwait ($X), with a X% share of total imports.

In the United Arab Emirates, sheepskin and lambskin imports declined by an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in GCC amounted to $X per ton, increasing by X% against the previous year. Overall, the import price, however, recorded a slight curtailment. The pace of growth appeared the most rapid in 2020 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kuwait ($X per ton), while the United Arab Emirates amounted to $X per ton.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :