Sheepskin and Lambskin Market in Finland
Market Overview
The Finnish sheepskin and lambskin market was finally on the rise to reach $
in , after three years of decline. Over the period under review, consumption, however, showed a abrupt shrinkage. Sheepskin and lambskin consumption peaked at $ in 2007; however, from 2008 to , consumption stood at a somewhat lower figure.
In value terms, sheepskin and lambskin production skyrocketed to $ in estimated in export price. Over the period under review, production, however, continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2011 when the production volume increased by %. As a result, production reached the peak level of $. From 2012 to , production growth remained at a somewhat lower figure.
The average yield of sheep or lamb skins (without wool) in Finland declined modestly to kg per head in , which is down by -% against the previous year's figure. Overall, the yield recorded a perceptible contraction. The most prominent rate of growth was recorded in with an increase of % against the previous year. Over the period under review, the average sheepskin and lambskin yield attained the maximum level at kg per head in 2007; however, from 2008 to , the yield remained at a lower figure.
The number of animals slaughtered for sheepskin and lambskin production in Finland rose slightly to heads in , with an increase of % against the year before. Over the period under review, the total number of producing animals indicated a tangible increase from 2007 to : its figure increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, number of animals slaughtered for sheepskin and lambskin production decreased by -% against 2018 indices. The pace of growth appeared the most rapid in 2011 with an increase of % against the previous year. Over the period under review, this number attained the peak level at heads in 2018; however, from 2019 to , producing animals failed to regain momentum.
in , after three years of decline. Over the period under review, consumption, however, showed a abrupt shrinkage. Sheepskin and lambskin consumption peaked at $ in 2007; however, from 2008 to , consumption stood at a somewhat lower figure.In value terms, sheepskin and lambskin production skyrocketed to $
in estimated in export price. Over the period under review, production, however, continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2011 when the production volume increased by %. As a result, production reached the peak level of $. From 2012 to , production growth remained at a somewhat lower figure.The average yield of sheep or lamb skins (without wool) in Finland declined modestly to
kg per head in , which is down by -% against the previous year's figure. Overall, the yield recorded a perceptible contraction. The most prominent rate of growth was recorded in with an increase of % against the previous year. Over the period under review, the average sheepskin and lambskin yield attained the maximum level at kg per head in 2007; however, from 2008 to , the yield remained at a lower figure.The number of animals slaughtered for sheepskin and lambskin production in Finland rose slightly to
heads in , with an increase of % against the year before. Over the period under review, the total number of producing animals indicated a tangible increase from 2007 to : its figure increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, number of animals slaughtered for sheepskin and lambskin production decreased by -% against 2018 indices. The pace of growth appeared the most rapid in 2011 with an increase of % against the previous year. Over the period under review, this number attained the peak level at heads in 2018; however, from 2019 to , producing animals failed to regain momentum.Consumption
In , consumption of sheep or lamb skins (without wool) increased by % to tons for the first time since 2019, thus ending a two-year declining trend. Overall, consumption, however, recorded a mild descent. Sheepskin and lambskin consumption peaked at tons in 2007; however, from 2008 to , consumption stood at a somewhat lower figure.
The value of the sheepskin and lambskin market in Finland expanded slightly to $ in , 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, however, saw a abrupt decrease. Sheepskin and lambskin consumption peaked at $ in 2007; however, from 2008 to , consumption failed to regain momentum.
, consumption of sheep or lamb skins (without wool) increased by % to tons for the first time since 2019, thus ending a two-year declining trend. Overall, consumption, however, recorded a mild descent. Sheepskin and lambskin consumption peaked at tons in 2007; however, from 2008 to , consumption stood at a somewhat lower figure.The value of the sheepskin and lambskin market in Finland expanded slightly to $
in , 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, however, saw a abrupt decrease. Sheepskin and lambskin consumption peaked at $ in 2007; however, from 2008 to , consumption failed to regain momentum.Market Forecast
Depressed by shrinking demand for sheepskin and lambskin in Finland, the market is expected to continue its downward consumption trend over the next eight years. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to tons by the end of .
In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to depress the market volume to tons by the end of .In value terms, the market is forecast to contract with an anticipated CAGR of -
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Over the period under review, the share of imports in terms of total sheepskin and lambskin consumption in Finland was relatively small in physical terms, fluctuating under an % figure. In value terms the share of imports also stood at a low figure, which means that the Finland sheepskin and lambskin market is largely supplied by domestic manufacturers.
% figure. In value terms the share of imports also stood at a low figure, which means that the Finland sheepskin and lambskin market is largely supplied by domestic manufacturers.Trade Balance
Finland remains a net exporter of sheepskin and lambskin; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
. In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
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