Africa: Sheep Leather Market 2024

Sheep Leather Market Size in Africa

The African sheep leather market rose notably to $X in 2023, increasing by X% against the previous year. Overall, consumption enjoyed strong growth. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Sheep Leather Production in Africa

In value terms, sheep leather production expanded rapidly to $X in 2023 estimated in export price. Over the period under review, production saw a resilient expansion. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Sheep Leather Exports

Exports in Africa

In 2023, after two years of growth, there was significant decline in shipments abroad of sheep or lamb skin leather, when their volume decreased by X% to X square meters. Over the period under review, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X square meters in 2014; however, from 2015 to 2023, the exports remained at a lower figure.

In value terms, sheep leather exports declined to $X in 2023. Overall, exports recorded a deep setback. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports reached the peak of $X. From 2015 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Nigeria was the major exporting country with an export of around X square meters, which recorded X% of total exports. Algeria (X square meters) held the second position in the ranking, followed by Kenya (X square meters), Tunisia (X square meters) and Sudan (X square meters). All these countries together held approx. X% share of total exports. Senegal (X square meters) and Burkina Faso (X square meters) held a relatively small share of total exports.

From 2012 to 2023, average annual rates of growth with regard to sheep leather exports from Nigeria stood at X%. At the same time, Burkina Faso (X%) displayed positive paces of growth. Moreover, Burkina Faso emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2023. Tunisia experienced a relatively flat trend pattern. By contrast, Algeria (X%), Kenya (X%), Senegal (X%) and Sudan (X%) illustrated a downward trend over the same period. Nigeria (X p.p.), Tunisia (X p.p.), Algeria (X p.p.) and Burkina Faso (X p.p.) significantly strengthened its position in terms of the total exports, while Kenya and Sudan saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) remains the largest sheep leather supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Sudan ($X), with an X% share of total exports. It was followed by Algeria, with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Nigeria was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Sudan (X% per year) and Algeria (X% per year).

Export Prices by Country

The export price in Africa stood at $X per square meter in 2023, standing approx. at the previous year. Overall, the export price recorded a mild decline. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum at $X per square meter in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Nigeria ($X per square meter), while Kenya ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Sudan (X%), while the other leaders experienced mixed trends in the export price figures.

Sheep Leather Imports

Imports in Africa

Sheep leather imports dropped to X square meters in 2023, falling by X% against the previous year. Over the period under review, imports faced a deep contraction. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports hit record highs at X square meters in 2013; however, from 2014 to 2023, imports remained at a lower figure.

In value terms, sheep leather imports totaled $X in 2023. Overall, imports showed a abrupt descent. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2023, imports remained at a lower figure.

Imports by Country

Ethiopia was the key importer of sheep or lamb skin leather in Africa, with the volume of imports reaching X square meters, which was approx. X% of total imports in 2023. Djibouti (X square meters) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Tunisia (X%) and Ghana (X%). Mali (X square meters), Senegal (X square meters) and Nigeria (X square meters) took a relatively small share of total imports.

From 2012 to 2023, average annual rates of growth with regard to sheep leather imports into Ethiopia stood at X%. At the same time, Ghana (X%) and Djibouti (X%) displayed positive paces of growth. Moreover, Ghana emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2023. Mali experienced a relatively flat trend pattern. By contrast, Nigeria (X%), Senegal (X%) and Tunisia (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Ethiopia, Djibouti, Ghana and Mali increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ethiopia ($X) constitutes the largest market for imported sheep or lamb skin leather in Africa, comprising X% of total imports. The second position in the ranking was taken by Tunisia ($X), with a X% share of total imports. It was followed by Djibouti, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Ethiopia stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Tunisia (X% per year) and Djibouti (X% per year).

Import Prices by Country

In 2023, the import price in Africa amounted to $X per square meter, with an increase of X% against the previous year. Over the period under review, the import price, however, saw a deep setback. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per square meter in 2014; however, from 2015 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Tunisia ($X per square meter), while Ghana ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Mali (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform