Earlier Report Observations
Ecuador's production of raw sheep and lamb skins expanded consistently between 2018 and 2023, rising from 479 t to 716 t. The most pronounced increase occurred in 2019 when output jumped by over 25%, setting the stage for subsequent growth. Early in the period, the global raw hides sector experienced a downturn with falling prices, which may have influenced market conditions.
The market received a significant boost in 2021 when international prices for fine sheepskins surged, fueled by demand from luxury fashion brands. This increase in value likely encouraged local production. Further support came in 2022 through state-backed credit programs for the livestock sector, which facilitated investment and expansion.
Despite structural challenges such as limited industrial processing, Ecuador's production volume continued its upward trajectory through 2023, with growth rates gradually moderating.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Ecuador
- 5.1.1. Annual dynamics of production in Ecuador in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Ecuador in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Ecuador
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6. Trade balance
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6.1. Trade balance (Direct Data)
- 6.1.1. In kind, kg
- 6.1.2. In value, $ US
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6.2. Trade balance (Mirror Data)
- 6.2.1. In kind, kg
- 6.2.2. In value, $ US
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6.1. Trade balance (Direct Data)
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7. Top buying and selling countries, 2018-2024
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7.1. Direct Data
- 7.1.1. Import in Value by Countries-buyers
- 7.1.2. Export in Value by Countries-suppliers
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7.2. Mirror Data
- 7.2.1. Import in Value by Countries-buyers
- 7.2.2. Export in Value by Countries-suppliers
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7.1. Direct Data
Production raw sheep and lamb skins in Ecuador
In kind, 2017-2020, t
Top producers of raw sheep and lamb skins, 2017-2020
World map of production of raw sheep and lamb skins, 2017-2020
Ecuador's production of raw sheep and lamb skins has grown for the third year in a row. In 2020, the country produced 630.6 tonnes, marking a 5.1% increase compared to the previous year. Looking at the period from 2017 to 2020, production rose by 39.3%, which translates to an average annual growth rate of 11.7%.
Annual dynamics of production in Ecuador in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 5.8% | 25.3% | 5.1% | 11.7% |
Exports raw sheep and lamb skins from Ecuador
According to market research, Ecuador did not export any raw sheep and lamb skins between 2017 and 2020.
Imports raw sheep and lamb skins to Ecuador
Market research indicates that Ecuador did not import raw sheep and lamb skins from 2017 to 2020.
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