Price for Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in Lithuania - 2023

Contents:

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

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

In 2022, the average export price for furskins; raw, of mink, whole, with or without head, tail or pawses amounted to $135,668 per ton, rising by 19% against the previous year. Overall, the export price, however, saw a abrupt descent. The pace of growth was the most pronounced in 2019 when the average export price increased by 25% against the previous year. The export price peaked at $347,969 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($160,880 per ton), while the average price for exports to Poland ($97,350 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 the Netherlands (+7.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for furskins; raw, of mink, whole, with or without head, tail or pawses stood at $169,475 per ton in 2022, which is down by -9.7% against the previous year. In general, the import price showed a abrupt slump. The most prominent rate of growth was recorded in 2013 when the average import price increased by 15% against the previous year. As a result, import price reached the peak level of $457,026 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($175,724 per ton), while the price for Latvia ($137,678 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+7.6%), while the prices for the other major suppliers experienced a decline.

Exports of Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in Lithuania

In 2022, exports of furskins; raw, of mink, whole, with or without head, tail or pawses from Lithuania dropped sharply to 104 tons, which is down by -53.6% compared with the previous year. Overall, exports continue to indicate a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of 29%.

In value terms, exports of furskins; raw, of mink, whole, with or without head, tail or pawses fell dramatically to $14M in 2022. Over the period under review, exports saw a dramatic descent. The most prominent rate of growth was recorded in 2021 when exports increased by 53% against the previous year.

Export of Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in Lithuania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland10.85.213.310.1-2.2%
Poland6.86.07.13.1-23.0%
RussiaN/AN/AN/A0.60%
Denmark10.53.82.50.1-78.8%
ThailandN/AN/A1.9N/A0%
CambodiaN/A1.2N/AN/A0%
OthersN/A0.60.90.3-29.3%
Total28.116.725.614.2-20.3%

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

  1. Finland (65.2 tons)
  2. Poland (31.6 tons)
  3. Russia (5.5 tons)
  4. Denmark (0.6 tons)

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

In 2022, approx. 21 tons of furskins; raw, of mink, whole, with or without head, tail or pawses were imported into Lithuania; growing by 33% compared with 2021. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern.

In value terms, imports of furskins; raw, of mink, whole, with or without head, tail or pawses soared to $3.6M in 2022. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 39%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the near future.

Import of Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland1,0211,1989362,92942.1%
Denmark1,9505481,132441-39.1%
Latvia91.1N/A77.518827.3%
PolandN/A202N/A14.4-73.3%
Germany32310298.55.7-74.0%
France11589.7N/AN/A-22.0%
EstoniaN/AN/A364N/A0%
UkraineN/AN/A355N/A0%
Others40.43.122.28.1-41.5%
Total3,5412,1432,9863,5870.4%

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

  1. Finland (17.1 tons)
  2. Denmark (2.5 tons)
  3. Latvia (1.4 tons)
  4. Poland (0.1 tons)

Source: IndexBox Market Intelligence Platform

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