Price for Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in China - 2022

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

In 2022, the average import price for furskins; raw, of mink, whole, with or without head, tail or pawses amounted to $110,627 per ton, remaining constant against the previous year. Over the period under review, the import price continues to indicate pronounced growth. The most prominent rate of growth was recorded in 2014 an increase of 40%. Over the period under review, average import prices reached the peak figure at $209,719 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($126,379 per ton), while the price for the United States ($67,068 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in China

For the third year in a row, China recorded decline in supplies from abroad of furskins; raw, of mink, whole, with or without head, tail or pawses, which decreased by 0% to 589 tons in 2022. Overall, imports showed a precipitous setback. The smallest decline of -19.7% was in 2020.

In value terms, imports of furskins; raw, of mink, whole, with or without head, tail or pawses totaled $65M in 2022. In general, imports continue to indicate a precipitous contraction. The smallest decline of -37.4% was in 2020.

Import of Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in China (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Denmark	114	85.5	N/A	37.4	-31.0%
Canada	52.7	0.5	N/A	14.2	-35.4%
Finland	41.6	44.3	N/A	13.5	-31.3%
Others	0.4	N/A	N/A	0.1	-37.0%
Total	208	130	N/A	65.2	-32.1%