Report Update: May 1, 2024

United Kingdom - Artificial Fur - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Artificial Fur Price in the UK - 2023

Artificial Fur Price in the UK (CIF) - 2022

The average artificial fur import price stood at $16,439 per ton in 2022, surging by 16% against the previous year. Over the period under review, the import price, however, showed a mild contraction. The pace of growth appeared the most rapid in 2013 when the average import price increased by 19% against the previous year. As a result, import price attained the peak level of $22,982 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($42,077 per ton), while the price for China stood at $12,329 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+3.1%).

Artificial Fur Price in the UK (FOB) - 2022

In 2022, the average artificial fur export price amounted to $32,233 per ton, with an increase of 7.4% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average export price increased by 79% against the previous year. Over the period under review, the average export prices attained the peak figure at $58,481 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($303,431 per ton), while the average price for exports to Spain ($12,093 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.

Artificial Fur Imports in the UK

In 2022, approx. 192 tons of artificial fur were imported into the UK; declining by -24.7% against the year before. Overall, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 27%. As a result, imports attained the peak of 255 tons, and then fell markedly in the following year.

In value terms, artificial fur imports declined to $3.2M in 2022. Over the period under review, imports saw a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year.

Import of Artificial Fur in the UK (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	3.1	1.7	2.4	2.3	-9.5%
Others	0.9	0.8	1.2	0.9	0.0%
Total	4.0	2.5	3.6	3.2	-7.2%

Top Suppliers of Artificial Fur to the UK in 2022:

China (184.2 tons)

Artificial Fur Exports in the UK

In 2022, overseas shipments of artificial fur decreased by -74.7% to 13 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports faced a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 79% against the previous year. As a result, the exports attained the peak of 52 tons, and then shrank sharply in the following year.

In value terms, artificial fur exports declined markedly to $425K in 2022. In general, exports recorded a sharp shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 80%. As a result, the exports attained the peak of $1.7M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Artificial Fur in the UK (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Ireland	31.5	150	1,227	145	66.3%
United States	58.0	6.5	30.9	63.4	3.0%
Germany	229	363	43.1	52.1	-39.0%
Italy	118	145	72.3	46.5	-26.7%
United Arab Emirates	0.7	2.4	3.0	18.8	199.5%
Netherlands	5.5	38.9	46.0	18.4	49.6%
France	140	306	23.6	10.8	-57.4%
Lithuania	0.4	N/A	8.2	5.6	141.0%
Spain	25.5	24.7	N/A	5.2	-41.1%
Greece	78.4	33.1	4.5	N/A	-76.0%
Others	261	632	104	59.3	-39.0%
Total	948	1,702	1,562	425	-23.5%

Top Export Markets for Artificial Fur from the UK in 2022:

Ireland (5.2 tons)
Germany (1.0 tons)
Netherlands (0.9 tons)
Italy (0.8 tons)
Spain (0.4 tons)
United Arab Emirates (0.3 tons)
Lithuania (0.3 tons)
France (0.2 tons)
United States (0.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the artificial fur market in the UK. 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:

United Kingdom

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the UK
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023