Prepared Sheep Leather Price in Bangladesh - 2022

Contents:

1. Prepared Sheep Leather Price in Bangladesh (CIF) - 2022
2. Prepared Sheep Leather Price in Bangladesh (FOB) - 2022
3. Prepared Sheep Leather Imports in Bangladesh
4. Prepared Sheep Leather Exports in Bangladesh

Prepared Sheep Leather Price in Bangladesh (CIF) - 2022

In 2022, the average prepared sheep leather import price amounted to $17 per square meter, rising by 20% against the previous year. Over the period under review, the import price, however, recorded a slight contraction. Over the period under review, average import prices attained the maximum at $20 per square meter in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($26 per square meter), while the price for India ($13 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+1.6%), while the prices for the other major suppliers experienced a decline.

Prepared Sheep Leather Price in Bangladesh (FOB) - 2022

The average prepared sheep leather export price stood at $12 per square meter in 2022, dropping by -3.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The most prominent rate of growth was recorded in 2018 when the average export price increased by 30%. Over the period under review, the average export prices reached the maximum at $15 per square meter in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($19 per square meter), while the average price for exports to China ($8 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+0.5%), while the prices for the other major destinations experienced a decline.

Prepared Sheep Leather Imports in Bangladesh

In 2022, the amount of sheep or lamb skin leather, prepared imported into Bangladesh reduced dramatically to 281K square meters, which is down by -20% against 2021 figures. Over the period under review, imports recorded a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 6.9% against the previous year. Imports peaked at 422K square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, prepared sheep leather imports fell to $4.7M in 2022. Overall, imports recorded a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 8.2% against the previous year. Over the period under review, imports hit record highs at $7.3M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Prepared Sheep Leather to Bangladesh in 2022:

1. India (187.9K square meters)
2. Pakistan (39.5K square meters)
3. Indonesia (14.8K square meters)
4. South Korea (6.8K square meters)
5. Hong Kong SAR (6.3K square meters)
6. China (0.5K square meters)

Prepared Sheep Leather Exports in Bangladesh

In 2022, prepared sheep leather exports from Bangladesh fell rapidly to 85K square meters, which is down by -22.4% against the previous year's figure. Overall, exports continue to indicate a sharp curtailment. The growth pace was the most rapid in 2021 with an increase of 82%. Over the period under review, the exports reached the peak figure at 171K square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, prepared sheep leather exports dropped rapidly to $1M in 2022. Over the period under review, exports recorded a precipitous decline. The pace of growth appeared the most rapid in 2021 when exports increased by 101% against the previous year. Over the period under review, the exports attained the maximum at $2.1M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Prepared Sheep Leather from Bangladesh in 2022:

1. Italy (34.3K square meters)
2. China (12.4K square meters)
3. Bosnia and Herzegovina (1.9K square meters)
4. Vietnam (0.8K square meters)

Source: IndexBox Market Intelligence Platform