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

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

The average import price for furskins; raw, of mink, whole, with or without head, tail or pawses stood at $40,788 per ton in 2022, picking up by 5.3% against the previous year. In general, the import price showed a moderate expansion. The growth pace was the most rapid in 2014 when the average import price increased by 98% against the previous year. The import price peaked at $60,071 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($62,315 per ton), while the price for China totaled $19,260 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.8%).

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

After three years of growth, purchases abroad of furskins; raw, of mink, whole, with or without head, tail or pawses decreased by -3.1% to 438 kg in 2022. The total import volume increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 7.1% against the previous year.

In value terms, imports of furskins; raw, of mink, whole, with or without head, tail or pawses expanded modestly to $18K in 2022. Over the period under review, imports recorded a noticeable shrinkage.