Price for Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in Finland - 2023
Contents:
- Price for Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in Finland (CIF) - 2022
- Price for Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in Finland (FOB) - 2022
- Imports of Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in Finland
- Exports of Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in Finland
Price for Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in Finland (CIF) - 2022
The average import price for furskins; raw, of mink, whole, with or without head, tail or pawses stood at $161,437 per ton in 2022, picking up by 2.1% against the previous year. In general, the import price, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2021 an increase of 41%. Over the period under review, average import prices attained the peak figure at $386,932 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Spain ($167,007 per ton) and Latvia ($166,301 per ton), while the price for the Netherlands ($133,815 per ton) and Estonia ($152,902 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+26.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in Finland (FOB) - 2022
The average export price for furskins; raw, of mink, whole, with or without head, tail or pawses stood at $153,080 per ton in 2022, reducing by -35% against the previous year. Over the period under review, the export price saw a deep slump. The pace of growth appeared the most rapid in 2021 when the average export price increased by 90% against the previous year. The export price peaked at $431,214 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
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 South Korea ($199,861 per ton), while the average price for exports to Turkey ($93,251 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 Thailand (-2.6%), while the prices for the other major destinations experienced a decline.
Imports of Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in Finland
In 2022, after three years of growth, there was significant decline in supplies from abroad of furskins; raw, of mink, whole, with or without head, tail or pawses, when their volume decreased by -22.3% to 1.3K tons. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +17.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.7% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 55% against the previous year.
In value terms, imports of furskins; raw, of mink, whole, with or without head, tail or pawses fell sharply to $214M in 2022. Overall, imports, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of 91% against the previous year. As a result, imports attained the peak of $270M, and then fell dramatically in the following year.
| Import of Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 62.3 | 56.3 | 119 | 90.6 | 13.3% |
| Lithuania | 12.2 | 12.2 | 37.2 | 43.4 | 52.7% |
| Greece | 4.6 | 6.8 | 32.3 | 40.5 | 106.5% |
| Netherlands | 32.3 | 32.8 | 33.4 | 8.2 | -36.7% |
| Spain | 6.4 | 5.7 | 8.3 | 8.1 | 8.2% |
| Latvia | 1.8 | 4.1 | 4.3 | 8.0 | 64.4% |
| Romania | N/A | 2.5 | 3.2 | 4.7 | 37.1% |
| Sweden | 4.4 | 3.0 | 11.4 | 2.2 | -20.6% |
| Denmark | 10.0 | 8.3 | 10.3 | 1.7 | -44.6% |
| Others | 5.1 | 9.8 | 10.8 | 7.1 | 11.7% |
| Total | 139 | 141 | 270 | 214 | 15.5% |
Top Suppliers of Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws to Finland in 2022:
- Poland (559.6 tons)
- Lithuania (265.0 tons)
- Greece (246.1 tons)
- Netherlands (61.4 tons)
- Latvia (48.3 tons)
- Spain (48.3 tons)
- Romania (28.2 tons)
- Sweden (13.8 tons)
- Denmark (10.8 tons)
Exports of Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in Finland
In 2022, shipments abroad of furskins; raw, of mink, whole, with or without head, tail or pawses decreased by -8.1% to 1.1K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +13.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.8% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 41%.
In value terms, exports of furskins; raw, of mink, whole, with or without head, tail or pawses reduced sharply to $166M in 2022. In general, exports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by 115% against the previous year. As a result, the exports attained the peak of $277M, and then dropped sharply in the following year.
| Export of Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 23.5 | 23.2 | 114 | 60.9 | 37.4% |
| Thailand | 24.5 | 27.2 | 89.4 | 58.3 | 33.5% |
| Malaysia | 7.1 | 7.3 | 7.4 | 10.0 | 12.1% |
| Greece | 3.5 | 4.1 | 7.2 | 9.2 | 38.0% |
| South Korea | 4.9 | 6.0 | 7.5 | 9.1 | 22.9% |
| Italy | 5.3 | 3.4 | 6.1 | 5.4 | 0.6% |
| Turkey | 1.9 | 2.1 | 1.9 | 3.5 | 22.6% |
| Russia | 7.1 | 1.0 | 1.6 | 1.0 | -48.0% |
| China | 38.5 | 37.0 | 0.5 | N/A | -88.6% |
| Others | 20.5 | 17.4 | 41.4 | 8.4 | -25.7% |
| Total | 137 | 129 | 277 | 166 | 6.6% |
Top Export Markets for Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws from Finland in 2022:
- Cambodia (408.4 tons)
- Thailand (356.8 tons)
- Malaysia (72.5 tons)
- Greece (67.5 tons)
- South Korea (45.5 tons)
- Turkey (38.0 tons)
- Italy (33.0 tons)
- Russia (6.9 tons)
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