Price for Furskins; Raw, of Fox, Whole, with or Without Head, Tail or Paws in South Korea - 2022

Contents:

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

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

In 2022, the average import price for furskins; raw, of fox, whole, with or without head, tail or pawses amounted to $81,836 per ton, dropping by -10.8% against the previous year. Overall, the import price faced a abrupt curtailment. The pace of growth appeared the most rapid in 2017 an increase of 23%. Over the period under review, average import prices reached the peak figure at $350,222 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($132,198 per ton), while the price for Finland amounted to $77,140 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (-6.5%).

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

In 2022, the average export price for furskins; raw, of fox, whole, with or without head, tail or pawses amounted to $119,832 per ton, rising by 13% against the previous year. Overall, the export price, however, saw a perceptible descent. The pace of growth appeared the most rapid in 2014 when the average export price increased by 24%. The export price peaked at $416,158 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($142,680 per ton), while the average price for exports to Vietnam stood at $114,443 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+8.1%).

Imports of Furskins; Raw, of Fox, Whole, with or Without Head, Tail or Paws in South Korea

In 2022, purchases abroad of furskins; raw, of fox, whole, with or without head, tail or pawses was finally on the rise to reach 49 tons after two years of decline. Overall, imports, however, faced a precipitous decline.

In value terms, imports of furskins; raw, of fox, whole, with or without head, tail or pawses skyrocketed to $4M in 2022. Over the period under review, imports, however, showed a precipitous decrease.

Import of Furskins; Raw, of Fox, Whole, with or Without Head, Tail or Paws in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland19.95.42.83.4-44.5%
Denmark0.40.40.50.614.5%
Others0.10.1N/AN/A0.0%
Total20.45.93.34.0-41.9%

Top Suppliers of Furskins; Raw, of Fox, Whole, with or Without Head, Tail or Paws to South Korea in 2022:

  1. Finland (44.6 tons)
  2. Denmark (4.2 tons)

Exports of Furskins; Raw, of Fox, Whole, with or Without Head, Tail or Paws in South Korea

In 2022, the amount of furskins; raw, of fox, whole, with or without head, tail or pawses exported from South Korea stood at 131 kg, stabilizing at the previous year. The total export volume increased at an average annual rate of +6.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 34%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of furskins; raw, of fox, whole, with or without head, tail or pawses rose sharply to $16K in 2022. In general, exports, however, saw a dramatic descent.

Export of Furskins; Raw, of Fox, Whole, with or Without Head, Tail or Paws in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam23.016.99.012.1-19.3%
Indonesia10.36.63.03.6-29.6%
ChinaN/AN/A1.8N/A0%
OthersN/AN/AN/AN/A0%
Total33.223.513.815.7-22.1%

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

  1. Vietnam (106.0 kg)
  2. Indonesia (25.0 kg)

Source: IndexBox Market Intelligence Platform

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