China - Artificial Fur - Market Analysis, Forecast, Size, Trends And Insights
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View PricingArtificial Fur Price in China - 2023
Contents:
- Artificial Fur Price in China (FOB) - 2023
- Artificial Fur Price in China (CIF) - 2022
- Artificial Fur Exports in China
- Artificial Fur Imports in China
Artificial Fur Price in China (FOB) - 2023
The average artificial fur export price stood at $13,402 per ton in June 2023, picking up by 2.6% against the previous month. Over the period under review, the export price, however, recorded a slight downturn. The growth pace was the most rapid in April 2023 when the average export price increased by 25% m-o-m. The export price peaked at $19,373 per ton in August 2022; however, from September 2022 to June 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was South Korea ($30,647 per ton), while the average price for exports to India ($4,075 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
Artificial Fur Price in China (CIF) - 2022
In 2022, the average artificial fur import price amounted to $84,728 per ton, jumping by 276% against the previous year. Overall, the import price saw significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($329,502 per ton), while the price for Vietnam ($7,613 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Artificial Fur Exports in China
Artificial fur exports from China rose to 4.6K tons in 2022, picking up by 3.4% on 2021. The total export volume increased at an average annual rate of +9.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 31%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, artificial fur exports shrank to $55M in 2022. The total export value increased at an average annual rate of +6.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 40% against the previous year. As a result, the exports attained the peak of $61M, and then dropped in the following year.
| Export of Artificial Fur in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 4.9 | 5.5 | 0.8 | 14.4 | 43.2% |
| United States | 4.8 | 7.2 | 5.6 | 5.3 | 3.4% |
| Kyrgyzstan | 2.0 | 3.1 | 20.8 | 5.0 | 35.7% |
| South Korea | 9.6 | 3.8 | 6.2 | 3.3 | -29.9% |
| Vietnam | 0.5 | 2.5 | 4.5 | 3.0 | 81.7% |
| Germany | 2.6 | 2.7 | 2.9 | 2.6 | 0.0% |
| Egypt | 0.2 | 1.0 | 1.0 | 1.9 | 111.8% |
| United Kingdom | 1.5 | 1.3 | 1.6 | 1.6 | 2.2% |
| Myanmar | 1.7 | 1.9 | 1.1 | 1.4 | -6.3% |
| Russia | 1.8 | 0.7 | 1.8 | 1.4 | -8.0% |
| Netherlands | 0.3 | 0.9 | 0.8 | 1.3 | 63.0% |
| Canada | 1.6 | 1.8 | 1.2 | 1.2 | -9.1% |
| United Arab Emirates | 0.9 | N/A | 0.7 | 0.9 | 0.0% |
| Others | 13.5 | 10.9 | 11.9 | 11.8 | -4.4% |
| Total | 45.7 | 43.3 | 60.8 | 55.1 | 6.4% |
Top Export Markets for Artificial Fur from China in 2022:
- Kazakhstan (1594.6 tons)
- United States (374.7 tons)
- Egypt (232.3 tons)
- Germany (189.8 tons)
- Vietnam (186.7 tons)
- Myanmar (176.9 tons)
- United Kingdom (154.9 tons)
- Russia (142.2 tons)
- South Korea (132.2 tons)
- Kyrgyzstan (129.7 tons)
- United Arab Emirates (120.1 tons)
- Netherlands (118.6 tons)
- Canada (117.1 tons)
Artificial Fur Imports in China
Artificial fur imports into China reduced sharply to 110 tons in 2022, waning by -47.9% compared with 2021 figures. Over the period under review, imports recorded a precipitous curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 52% against the previous year.
In value terms, artificial fur imports skyrocketed to $9.3M in 2022. In general, imports, however, showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 194% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Artificial Fur in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 412 | 257 | 2,248 | 6,252 | 147.6% |
| France | 504 | 238 | 30.4 | 607 | 6.4% |
| South Korea | 1,612 | 602 | 1,042 | 271 | -44.8% |
| Vietnam | 5.2 | 0.3 | 11.3 | 231 | 254.2% |
| Japan | 80.0 | 30.2 | 173 | 204 | 36.6% |
| Germany | 22.1 | 1.1 | 69.3 | 67.3 | 44.9% |
| Others | 418 | 493 | 1,198 | 1,711 | 60.0% |
| Total | 3,053 | 1,622 | 4,771 | 9,343 | 45.2% |
Top Suppliers of Artificial Fur to China in 2022:
- Vietnam (30.3 tons)
- Italy (29.1 tons)
- South Korea (26.0 tons)
- Germany (5.4 tons)
- Japan (3.5 tons)
- France (1.8 tons)
This report provides an in-depth analysis of the artificial fur market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13911920 - Artificial fur and articles thereof
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In February of 2023, the price of Artificial Fur was $11.9 per kilogram (FOB China), an increase of 21% compared to the previous month.
1015
In value terms, artificial fur and articles thereof imports stood at $X in 2016. Overall, it indicated a significant expansion from 2007 to 2016: the total imports value decreased at an average ann...
1136
In value terms, artificial fur and articles thereof exports stood at $X in 2016. Overall, it indicated a measured growth from 2007 to 2016: the total exports value decreased at an average annual rat...
163
In February of 2023, the price of Artificial Fur was $11.9 per kilogram (FOB China), an increase of 21% compared to the previous month.
1015
In value terms, artificial fur and articles thereof imports stood at $X in 2016. Overall, it indicated a significant expansion from 2007 to 2016: the total imports value decreased at an average ann...
1136
In value terms, artificial fur and articles thereof exports stood at $X in 2016. Overall, it indicated a measured growth from 2007 to 2016: the total exports value decreased at an average annual rat...
