Sheepskin and Lambskin Market in the United Arab Emirates
Market Overview
In 
, the sheepskin and lambskin market in the United Arab Emirates decreased by -% to $, falling for the second consecutive year after two years of growth. Over the period under review, consumption saw a pronounced descent. As a result, consumption reached the peak level of $. From 2010 to , the growth of the market remained at a somewhat lower figure.
In value terms, sheepskin and lambskin production dropped slightly to $ in estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of %. Over the period under review, production reached the maximum level at $ in 2012; however, from 2013 to , production remained at a lower figure.
In, the average sheepskin and lambskin yield in the United Arab Emirates plummeted to kg per head, waning by -% compared with figures. Over the period under review, the yield, however, continues to indicate a tangible increase. The pace of growth was the most pronounced in 2010 with an increase of %. Over the period under review, the average sheepskin and lambskin yield hit record highs at kg per head in 2014; however, from 2015 to , the yield failed to regain momentum.
The number of animals slaughtered for sheepskin and lambskin production in the United Arab Emirates contracted to heads in , stabilizing at the year before. Overall, the number of producing animals recorded a abrupt setback. The most prominent rate of growth was recorded in 2017 with an increase of % against the previous year. The number of animals slaughtered for sheepskin and lambskin production peaked at heads in 2009; however, from 2010 to , producing animals failed to regain momentum.
, the sheepskin and lambskin market in the United Arab Emirates decreased by -% to $, falling for the second consecutive year after two years of growth. Over the period under review, consumption saw a pronounced descent. As a result, consumption reached the peak level of $. From 2010 to , the growth of the market remained at a somewhat lower figure.In value terms, sheepskin and lambskin production dropped slightly to $
in estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of %. Over the period under review, production reached the maximum level at $ in 2012; however, from 2013 to , production remained at a lower figure.In
, the average sheepskin and lambskin yield in the United Arab Emirates plummeted to kg per head, waning by -% compared with figures. Over the period under review, the yield, however, continues to indicate a tangible increase. The pace of growth was the most pronounced in 2010 with an increase of %. Over the period under review, the average sheepskin and lambskin yield hit record highs at kg per head in 2014; however, from 2015 to , the yield failed to regain momentum.The number of animals slaughtered for sheepskin and lambskin production in the United Arab Emirates contracted to
heads in , stabilizing at the year before. Overall, the number of producing animals recorded a abrupt setback. The most prominent rate of growth was recorded in 2017 with an increase of % against the previous year. The number of animals slaughtered for sheepskin and lambskin production peaked at heads in 2009; however, from 2010 to , producing animals failed to regain momentum.Consumption
In , consumption of sheep or lamb skins (without wool) decreased by -% to tons, falling for the second consecutive year after three years of growth. Over the period under review, consumption continues to indicate a pronounced reduction. As a result, consumption attained the peak volume of tons. From 2010 to , the growth of the consumption remained at a lower figure.
The revenue of the sheepskin and lambskin market in the United Arab Emirates reduced sharply to $ in , shrinking 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). Overall, consumption recorded a perceptible curtailment. As a result, consumption attained the peak level of $. From 2010 to , the growth of the market remained at a lower figure.
, consumption of sheep or lamb skins (without wool) decreased by -% to tons, falling for the second consecutive year after three years of growth. Over the period under review, consumption continues to indicate a pronounced reduction. As a result, consumption attained the peak volume of tons. From 2010 to , the growth of the consumption remained at a lower figure.The revenue of the sheepskin and lambskin market in the United Arab Emirates reduced sharply to $
in , shrinking 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). Overall, consumption recorded a perceptible curtailment. As a result, consumption attained the peak level of $. From 2010 to , the growth of the market remained at a lower figure.Market Forecast
Driven by rising demand for sheepskin and lambskin in the United Arab Emirates, the market is expected to start an upward consumption trend over the next eight-year period. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
In value terms, the market is forecast to increase 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 bring the market volume to tons by the end of .In value terms, the market is forecast to increase 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 .Trade Balance
The United Arab Emirates 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.
Download XLSX
Download all the data in the form of a report