Sheepskin and Lambskin Market Overview in Egypt
In value terms, sheepskin and lambskin production totaled $ in 2019 estimated in export prices. Over the period under review, production, however, showed a abrupt decrease. The pace of growth appeared the most rapid in 2014 with an increase of % y-o-y. As a result, production attained the peak level of $. From 2015 to 2019, production growth remained at a somewhat lower figure.
The average yield of sheep or lamb skins (without wool) in Egypt expanded remarkably to kg per heads in 2019, growing by % against the year before. In general, the yield, however, showed a relatively flat trend pattern. Over the period under review, the average sheepskin and lambskin yield attained the peak level at kg per heads in 2008; however, from 2009 to 2019, the yield remained at a lower figure.
In 2019, number of animals slaughtered for sheepskin and lambskin production in Egypt declined to heads, approximately mirroring the year before. Over the period under review, the number of producing animals continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2013 with an increase of % y-o-y. The number of animals slaughtered for sheepskin and lambskin production peaked 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 Egypt expanded notably 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). In general, consumption, however, continues to indicate a noticeable descent. The pace of growth was the most pronounced in 2014 when the market value increased by % against the previous year. As a result, consumption attained the peak level of $. From 2015 to 2019, the growth of the market remained at a somewhat lower figure.