Sheepskin and Lambskin Market Overview in Ecuador
In value terms, sheepskin and lambskin production expanded remarkably to $ in 2019 estimated in export prices. Overall, production, however, showed a deep reduction. The pace of growth appeared the most rapid in 2017 when the production volume increased by % year-to-year. Sheepskin and lambskin production peaked at $ in 2007; however, from 2008 to 2019, production stood at a somewhat lower figure.
In 2019, the average sheepskin and lambskin yield in Ecuador stood at kg per heads, almost unchanged from 2018 figures. Over the period under review, the yield recorded a relatively flat trend pattern. The sheepskin and lambskin yield peaked at kg per heads in 2007; afterwards, it flattened through to 2019.
In 2019, approx. heads of animals slaughtered for sheepskin and lambskin production in Ecuador; picking up by % on the year before. Overall, the number of producing animals, however, continues to indicate a perceptible downturn. Over the period under review, this number hit record highs at heads in 2007; however, from 2008 to 2019, producing animals failed to regain the momentum.
The size of the sheepskin and lambskin market in Ecuador soared to $ in 2019, picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, saw a abrupt setback. The pace of growth appeared the most rapid in 2014 when the market value increased by % against the previous year. Sheepskin and lambskin consumption peaked at $ in 2007; however, from 2008 to 2019, consumption stood at a somewhat lower figure.