Sheepskin and Lambskin Market Overview in Argentina
In value terms, sheepskin and lambskin production dropped slightly to $ in 2019 estimated in export prices. In general, production continues to indicate a slight downturn. The pace of growth appeared the most rapid in 2010 with an increase of % year-to-year. As a result, production reached the peak level of $. From 2011 to 2019, production growth failed to regain the momentum.
The average yield of sheep or lamb skins (without wool) in Argentina rose modestly to kg per heads in 2019, increasing by % compared with 2018 figures. In general, the yield indicated moderate growth from 2007 to 2019: its figure increased at an average annual rate of +% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2010 with an increase of % against the previous year. Over the period under review, the average sheepskin and lambskin yield hit record highs at kg per heads in 2012; however, from 2013 to 2019, the yield failed to regain the momentum.
The number of animals slaughtered for sheepskin and lambskin production in Argentina shrank slightly to heads in 2019, which is down by -% compared with 2018 figures. Overall, the number of producing animals saw a noticeable descent. The pace of growth was the most pronounced in 2014 when the number of producing animals increased by % against the previous year. Over the period under review, this number attained the maximum level at heads in 2007; however, from 2008 to 2019, producing animals remained at a lower figure.
The revenue of the sheepskin and lambskin market in Argentina expanded to $ in 2019, increasing 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 showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when the market value increased by % against the previous year. As a result, consumption attained the peak level of $. From 2011 to 2019, the growth of the market remained at a somewhat lower figure.