Malaysia - Sheep Or Lamb Skin Leather, Prepared - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Malaysia - Sheep Or Lamb Skin Leather, Prepared - Market Analysis, Forecast, Size, Trends And Insights

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Prepared Sheep Leather Price in Malaysia - 2021

Contents:

  1. Prepared Sheep Leather Price in Malaysia (FOB) - 2022
  2. Prepared Sheep Leather Price in Malaysia (CIF) - 2022
  3. Prepared Sheep Leather Exports in Malaysia
  4. Prepared Sheep Leather Imports in Malaysia

Prepared Sheep Leather Price in Malaysia (FOB) - 2022

The average prepared sheep leather export price stood at $24 per square meter in 2022, remaining constant against the previous year. In general, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, prepared sheep leather export price increased by +2.6% against 2020 indices. The growth pace was the most rapid in 2014 an increase of 70% against the previous year. Over the period under review, the average export prices hit record highs at $30 per square meter in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($65 per square meter), while the average price for exports to the Philippines ($7.1 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 Hong Kong SAR (+19.1%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Sheep Leather Price in Malaysia (CIF) - 2022

The average prepared sheep leather import price stood at $13 per square meter in 2022, declining by -18.2% against the previous year. Over the period under review, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, prepared sheep leather import price increased by +16.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 43% against the previous year. The import price peaked at $18 per square meter in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($37 per square meter), while the price for Indonesia ($5.7 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+6.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Prepared Sheep Leather Exports in Malaysia

After three years of growth, shipments abroad of sheep or lamb skin leather, prepared decreased by -3.3% to 32K square meters in 2022. The total export volume increased at an average annual rate of +10.6% from 2019 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 2020 when exports increased by 36%. Over the period under review, the exports hit record highs at 33K square meters in 2021, and then fell in the following year.

In value terms, prepared sheep leather exports reduced slightly to $751K in 2022. The total export value increased at an average annual rate of +2.0% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 4% against the previous year. Over the period under review, the exports attained the peak figure at $766K in 2021, and then contracted slightly in the following year.

Export of Prepared Sheep Leather in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand645634617609-1.9%
Australia11.843.879.773.984.3%
Indonesia20.626.831.629.312.5%
Philippines11.814.418.220.219.6%
Others18.318.120.319.21.6%
Total7087377667512.0%

Top Export Markets for Prepared Sheep Leather from Malaysia in 2022:

  1. Thailand (21.6K square meters)
  2. Australia (5.8K square meters)
  3. Philippines (2.9K square meters)
  4. Indonesia (0.8K square meters)

Prepared Sheep Leather Imports in Malaysia

In 2022, the amount of sheep or lamb skin leather, prepared imported into Malaysia skyrocketed to 10K square meters, with an increase of 42% on the previous year. Overall, total imports indicated a perceptible expansion from 2019 to 2022: its volume increased at an average annual rate of +3.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -24.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 49%. As a result, imports reached the peak of 13K square meters. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, prepared sheep leather imports skyrocketed to $133K in 2022. Over the period under review, imports, however, showed a slight downturn. Imports peaked at $151K in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Import of Prepared Sheep Leather in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy23.939.759.858.334.6%
India41.723.821.021.5-19.8%
Indonesia32.334.14.120.5-14.1%
Pakistan5.912.813.713.431.4%
Thailand8.92.42.63.7-25.4%
Vietnam11.14.61.92.2-41.7%
CambodiaN/A20.7N/AN/A0%
Others13.112.911.112.9-0.5%
Total137151114133-1.0%

Top Suppliers of Prepared Sheep Leather to Malaysia in 2022:

  1. Indonesia (3.6K square meters)
  2. India (2.7K square meters)
  3. Italy (1.6K square meters)
  4. Pakistan (1.4K square meters)
  5. Thailand (0.2K square meters)
  6. Vietnam (0.1K square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the prepared sheep leather market in Malaysia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 15114150 - Sheep or lamb skin leather without wool on, parchmentdressed or prepared after tanning (excluding chamois, patent, p atent laminated leather and metallised leather)

Country coverage:

  • Malaysia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Malaysia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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