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

Contents:

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

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

In 2022, the average import price for furskins; raw, of mink, whole, with or without head, tail or pawses amounted to $190,414 per ton, waning by -10.7% against the previous year. In general, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +7.7% 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 increased by +8.5% against 2018 indices. The pace of growth appeared the most rapid in 2014 when the average import price increased by 41% against the previous year. The import price peaked at $213,225 per ton in 2021, and then declined in the following year.

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 the United States ($435,029 per ton), while the price for Hong Kong SAR ($75,041 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for furskins; raw, of mink, whole, with or without head, tail or pawses stood at $484,000 per ton in 2022, almost unchanged from the previous year. In general, the export price saw significant growth. The most prominent rate of growth was recorded in 2014 when the average export price decreased by -27.9%. The export price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2013 to 2022, the rate of growth in terms of prices for the UK amounted to 0.0% per year.

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

In 2022, supplies from abroad of furskins; raw, of mink, whole, with or without head, tail or pawses was finally on the rise to reach 115 tons after two years of decline. Overall, imports, however, continue to indicate a abrupt decline.

In value terms, imports of furskins; raw, of mink, whole, with or without head, tail or pawses rose rapidly to $22M in 2022. In general, imports, however, recorded a deep contraction.

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

1. Denmark (49.5 tons)
2. Canada (27.6 tons)
3. Hong Kong SAR (19.2 tons)
4. Finland (18.8 tons)

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

In 2022, shipments abroad of furskins; raw, of mink, whole, with or without head, tail or pawses decreased by 0% to 14 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports faced a significant decline. The smallest decline of 99.9% was in 2020.

In value terms, exports of furskins; raw, of mink, whole, with or without head, tail or pawses amounted to $6.8K in 2022. Overall, exports continue to indicate a sharp decrease. The smallest decline of 99.9% was in 2020.

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

1. United Kingdom (14.0 kg)

Source: IndexBox Market Intelligence Platform