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

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

The average import price for furskins; raw, of mink, whole, with or without head, tail or pawses stood at $109,500 per ton in 2022, surging by 2.8% against the previous year. Over the period under review, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for furskins; raw, of mink, whole, with or without head, tail or pawses decreased by -2.7% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 32%. Over the period under review, average import prices reached the maximum at $112,500 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +4.0% per year.

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

In 2022, supplies from abroad of furskins; raw, of mink, whole, with or without head, tail or pawses decreased by 0% to 6 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports saw a abrupt shrinkage. The smallest decline of -25% was in 2020.

In value terms, imports of furskins; raw, of mink, whole, with or without head, tail or pawses rose slightly to $657 in 2022. Overall, imports saw a noticeable descent.