Sheepskin and Lambskin Market Overview in Ethiopia
In value terms, sheepskin and lambskin production rose rapidly to $ in 2019 estimated in export prices. Overall, production posted a strong increase. The most prominent rate of growth was recorded in 2009 with an increase of % against the previous year. Sheepskin and lambskin production peaked at $ in 2013; however, from 2014 to 2019, production failed to regain the momentum.
In 2019, the average sheepskin and lambskin yield in Ethiopia amounted to kg per heads, standing approx. at the year before. Overall, the yield saw a relatively flat trend pattern. Over the period under review, the average sheepskin and lambskin yield reached the maximum level 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 Ethiopia; remaining relatively unchanged against 2018 figures. This number increased at an average annual rate of +% from 2007 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2014 when the number of producing animals increased by % y-o-y. Over the period under review, this number reached the peak level in 2019 and is expected to retain growth in years to come.
The revenue of the sheepskin and lambskin market in Ethiopia expanded slightly to $ in 2019, rising 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 posted a remarkable increase. The growth pace was the most rapid in 2013 when the market value increased by % y-o-y. Sheepskin and lambskin consumption peaked in 2019 and is likely to continue growth in the near future.