Raw sheep and lamb skins market in Peru

Earlier Report Observations

From 2018 to 2019, the Peruvian market for raw sheep and lamb skins saw modest growth in volume, reaching 11 662 tons in 2019. This increase was supported by a continued decline in exports, which fell from 437 tons to 349 tons over the period. Global factors played a role, as a worldwide decrease in sheepskin prices during 2018 made exports less profitable, encouraging more supply to remain in the domestic market.

The market contracted in 2020 to 11 454 tons, as the COVID-19 pandemic disrupted supply chains and dampened demand, leading to a sharp drop in both production and exports. A recovery followed in 2021, with market volume rising to 11 731 tons, aided by a rebound in global demand for fine sheepskins, particularly in European markets, which helped lift production and export volumes from their lows.

In the later years, market volume stabilized near 11 900 tons. Exports showed volatility, peaking in 2022, which momentarily reduced domestic availability. By 2023, production and market volume had recovered. Looking ahead, Peru's agreement to begin exporting donkey and horse hides to China from July 2024 reflects broader export development for hides and skins, though it does not directly involve sheepskins.

Production raw sheep and lamb skins in Peru

In kind, 2017-2020, t

From 2017 to 2020, Peru ranked 27th globally in the production of raw sheep and lamb skins.

Top producers of raw sheep and lamb skins, 2017-2020

World map of production of raw sheep and lamb skins, 2017-2020

After two years of growth, Peru's production of raw sheep and lamb skins declined. In 2020, the country produced 11 505 tons, representing a modest 4.2% decrease from 2019. Over the 2017-2020 period, production fell by 3.3%, with an average annual decline of 1.1%. The highest production level was recorded in 2019 at 12 011 tons, while the largest year-on-year increase occurred in 2018 at 0.6%.

Annual dynamics of production in Peru in kind, 2017-2020, t

In value, 2017-2020, K $ US

Peru's production of raw sheep and lamb skins declined for the third consecutive year. In 2020, the output was valued at 36 012 thousand US dollars, marking a slight decrease of 8.3% compared to the previous year. Between 2017 and 2020, production value dropped by 13.5%, equivalent to an average annual decline of 4.7%.

Annual dynamics of production in Peru in value, 2017-2020, K $ US

Exports raw sheep and lamb skins from Peru

Exports in kind, t

The market exhibited volatility during the observed period. Exports reached their lowest point in 2020 at 51.7 tons, representing a sharp 85.2% decline from the previous year. The peak was recorded in 2018 at 436.9 tons, creating an 8.5-fold difference between the highest and lowest volumes. The largest year-on-year increase also occurred in 2018 at 7.1%.

Annual dynamics of product's exports from Peru in kind, 2017-2020, t

From 2017 to 2020, Mexico was the dominant destination for Peru's raw sheep and lamb skins exports in volume terms, accounting for 77.3% of total shipments. Other countries each held significantly smaller shares.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Peru in kind, 2017-2020

Exports in value, K $ US

Market performance showed noticeable fluctuations during this period. Export values reached their lowest point in 2020 at 162 thousand US dollars, marking an 85.9% decline from 2019. The peak occurred in 2018 at 1 441 thousand US dollars, creating an 8.9-fold difference between the highest and lowest values. The largest year-on-year increase was also recorded in 2018 at 1.0%.

Annual dynamics of product's exports from Peru in value, 2017-2020, K $ US

Throughout 2017-2020, Mexico was the primary buyer of Peru's raw sheep and lamb skins in value terms, accounting for 81.6% of total exports. Other trading partners held relatively modest shares.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Peru in value, 2017-2020

Imports raw sheep and lamb skins to Peru

Imports in kind, t

Annual dynamics of product's imports to Peru in kind, 2017-2020, t

From 2017 to 2020, Peru's imports of raw sheep and lamb skins in volume terms were highly concentrated, with China accounting for 100.0% of total imports.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Peru in kind, 2017-2020

Imports in value, K $ US

Annual dynamics of product's imports to Peru in value, 2017-2020, K $ US

Throughout 2017-2020, China dominated Peru's imports of raw sheep and lamb skins in value terms, representing 100.0% of total import value.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Peru in value, 2017-2020