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

Contents:

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

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

In 2022, the average export price for furskins; raw, of mink, whole, with or without head, tail or pawses amounted to $191,348 per ton, jumping by 362% against the previous year. Over the period under review, the export price, however, recorded a abrupt descent. Over the period under review, the average export prices attained the maximum at $688,095 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($444,817 per ton), while the average price for exports to the Netherlands ($18,000 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 Mauritius (+183.4%), 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 the UK (CIF) - 2022

In 2022, the average import price for furskins; raw, of mink, whole, with or without head, tail or pawses amounted to $605,753 per ton, with an increase of 573% against the previous year. Overall, the import price posted a noticeable expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Japan ($683,333 per ton), while the price for Italy ($229,603 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+39.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, after three years of growth, there was significant decline in overseas shipments of furskins; raw, of mink, whole, with or without head, tail or pawses, when their volume decreased by -48.1% to 752 kg. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 59%. As a result, the exports attained the peak of 1.4 tons, and then declined rapidly in the following year.

In value terms, exports of furskins; raw, of mink, whole, with or without head, tail or pawses surged to $144K in 2022. In general, exports, however, saw a slight expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 182%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

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

1. Mauritius (225.0 kg)
2. Germany (221.0 kg)
3. Hong Kong SAR (126.0 kg)
4. Netherlands (76.0 kg)
5. Greece (62.0 kg)
6. Canada (27.0 kg)

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

Imports of furskins; raw, of mink, whole, with or without head, tail or pawses into the UK skyrocketed to 85 kg in 2022, rising by 20% against the previous year. Over the period under review, imports, however, faced a precipitous shrinkage.

In value terms, imports of furskins; raw, of mink, whole, with or without head, tail or pawses skyrocketed to $51K in 2022. In general, imports, however, showed a dramatic setback.

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

1. Italy (68.0 kg)
2. Hong Kong SAR (8.0 kg)
3. Japan (3.0 kg)
4. Portugal (3.0 kg)

Source: IndexBox Market Intelligence Platform