Price for Furskins; Raw, of Fox, Whole, with or Without Head, Tail or Paws in Hong Kong SAR - 2022

Contents:

1. Price for Furskins; Raw, of Fox, Whole, with or Without Head, Tail or Paws in Hong Kong SAR (CIF) - 2022
2. Price for Furskins; Raw, of Fox, Whole, with or Without Head, Tail or Paws in Hong Kong SAR (FOB) - 2022
3. Imports of Furskins; Raw, of Fox, Whole, with or Without Head, Tail or Paws in Hong Kong SAR
4. Exports of Furskins; Raw, of Fox, Whole, with or Without Head, Tail or Paws in Hong Kong SAR

Price for Furskins; Raw, of Fox, Whole, with or Without Head, Tail or Paws in Hong Kong SAR (CIF) - 2022

In 2022, the average import price for furskins; raw, of fox, whole, with or without head, tail or pawses amounted to $55,333 per ton, declining by -18.3% against the previous year. Overall, the import price showed a abrupt setback. The most prominent rate of growth was recorded in 2013 an increase of 76%. As a result, import price reached the peak level of $172,554 per ton. From 2014 to 2022, the average 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 ($113,815 per ton), while the price for Finland ($40,171 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.9%), while the prices for the other major suppliers experienced a decline.

Price for Furskins; Raw, of Fox, Whole, with or Without Head, Tail or Paws in Hong Kong SAR (FOB) - 2022

The average export price for furskins; raw, of fox, whole, with or without head, tail or pawses stood at $120,281 per ton in 2022, increasing by 7.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.7%. The pace of growth was the most pronounced in 2013 when the average export price increased by 18%. The export price peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($225,511 per ton), while the average price for exports to China amounted to $118,200 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+5.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Furskins; Raw, of Fox, Whole, with or Without Head, Tail or Paws in Hong Kong SAR

For the third consecutive year, Hong Kong SAR recorded decline in purchases abroad of furskins; raw, of fox, whole, with or without head, tail or pawses, which decreased by -41.5% to 28 tons in 2022. In general, imports faced a sharp reduction. The smallest decline of -23.5% was in 2020.

In value terms, imports of furskins; raw, of fox, whole, with or without head, tail or pawses dropped notably to $1.5M in 2022. Over the period under review, imports faced a sharp setback. The smallest decline of -30.9% was in 2021.

Top Suppliers of Furskins; Raw, of Fox, Whole, with or Without Head, Tail or Paws to Hong Kong SAR in 2022:

1. Finland (22.1 tons)
2. China (5.4 tons)

Exports of Furskins; Raw, of Fox, Whole, with or Without Head, Tail or Paws in Hong Kong SAR

For the third year in a row, Hong Kong SAR recorded decline in overseas shipments of furskins; raw, of fox, whole, with or without head, tail or pawses, which decreased by -5.1% to 2.7 tons in 2022. In general, exports saw a abrupt curtailment. The smallest decline of -5.1% was in 2021.

In value terms, exports of furskins; raw, of fox, whole, with or without head, tail or pawses stood at $323K in 2022. The total export value increased at an average annual rate of +1.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Furskins; Raw, of Fox, Whole, with or Without Head, Tail or Paws from Hong Kong SAR in 2022:

1. China (2630.0 kg)
2. Canada (45.0 kg)

Source: IndexBox Market Intelligence Platform