Northern America: Sheep Leather Market 2024

Sheep Leather Market Size in Northern America

The North American sheep leather market rose significantly to $X in 2023, picking up by X% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the market remained at a lower figure.

Sheep Leather Production in Northern America

In value terms, sheep leather production totaled $X in 2023 estimated in export price. The total production indicated a mild expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2019 with an increase of X%. The level of production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Sheep Leather Exports

Exports in Northern America

In 2023, approx. X square meters of sheep or lamb skin leather were exported in Northern America; surging by X% compared with 2022 figures. In general, exports, however, recorded a sharp shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X square meters in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

In value terms, sheep leather exports dropped to $X in 2023. Over the period under review, exports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2022 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

The United States prevails in exports structure, recording X square meters, which was near X% of total exports in 2023. Canada (X square meters) took a little share of total exports.

Exports from the United States decreased at an average annual rate of X% from 2012 to 2023. Canada (X%) illustrated a downward trend over the same period. Canada (X p.p.) significantly strengthened its position in terms of the total exports, while the United States saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, the United States ($X) remains the largest sheep leather supplier in Northern America, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in the United States totaled X%.

Export Prices by Country

In 2023, the export price in Northern America amounted to $X per square meter, which is down by X% against the previous year. In general, the export price, however, posted buoyant growth. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. The level of export peaked at $X per square meter in 2022, and then dropped sharply in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the United States ($X per square meter), while Canada amounted to $X per square meter.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%).

Sheep Leather Imports

Imports in Northern America

In 2023, overseas purchases of sheep or lamb skin leather decreased by X% to X square meters, falling for the fifth consecutive year after two years of growth. Over the period under review, imports showed a deep setback. The most prominent rate of growth was recorded in 2017 with an increase of X%. The volume of import peaked at X square meters in 2012; however, from 2013 to 2023, imports failed to regain momentum.

In value terms, sheep leather imports shrank rapidly to $X in 2023. Overall, imports showed a abrupt descent. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.

Imports by Country

The United States represented the largest importing country with an import of about X square meters, which resulted at X% of total imports. It was distantly followed by Canada (X square meters), comprising a X% share of total imports.

Imports into the United States decreased at an average annual rate of X% from 2012 to 2023. Canada (X%) illustrated a downward trend over the same period. While the share of Canada (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of the United States (X p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported sheep or lamb skin leather in Northern America, comprising X% of total imports. The second position in the ranking was taken by Canada ($X), with an X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of value in the United States stood at X%.

Import Prices by Country

The import price in Northern America stood at $X per square meter in 2023, growing by X% against the previous year. Import price indicated a perceptible increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, sheep leather import price increased by X% against 2019 indices. The growth pace was the most rapid in 2020 an increase of X% against the previous year. Over the period under review, import prices reached the maximum in 2023 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($X per square meter), while Canada totaled $X per square meter.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%).

Source: IndexBox Platform