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

Contents:

1. Price for Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in Indonesia (CIF) - 2022
2. Imports of Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in Indonesia

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

The average import price for furskins; raw, of mink, whole, with or without head, tail or pawses stood at $25,900 per ton in 2022, growing by 13% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 42% against the previous year. Over the period under review, average import prices reached the maximum at $26,412 per ton in 2018; however, from 2019 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 Singapore ($29,625 per ton), while the price for the United States ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+2.7%), while the prices for the other major suppliers experienced a decline.

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

For the third consecutive year, Indonesia recorded decline in overseas purchases of furskins; raw, of mink, whole, with or without head, tail or pawses, which decreased by 0% to 10 kg in 2022. Overall, imports continue to indicate a abrupt decrease. The smallest decline of -16.7% was in 2021.

In value terms, imports of furskins; raw, of mink, whole, with or without head, tail or pawses expanded notably to $259 in 2022. Over the period under review, imports faced a abrupt slump.

Top Suppliers of Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws to Indonesia in 2022:

1. Singapore (8.0 kg)
2. United States (1.0 kg)
3. Australia (1.0 kg)

Source: IndexBox Market Intelligence Platform