Africa: Market for Tanned or Dressed Furskins 2024

Market Size for Tanned or Dressed Furskins in Africa

The African tanned or dressed furskins market stood at $X in 2022, therefore, remained relatively stable against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Production of Tanned or Dressed Furskins in Africa

In value terms, tanned or dressed furskins production declined modestly to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Exports of Tanned or Dressed Furskins

Exports in Africa

In 2022, approx. X units of tanned or dressed furskins were exported in Africa; growing by X% compared with 2021. Overall, exports, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2019 when exports increased by X%. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, tanned or dressed furskins exports stood at $X in 2022. In general, exports, however, showed a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, South Africa (X units) represented the largest exporter of tanned or dressed furskins, constituting X% of total exports. It was distantly followed by Morocco (X units) and Zimbabwe (X units), together constituting a X% share of total exports. Namibia (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to tanned or dressed furskins exports from South Africa stood at X%. At the same time, Zimbabwe (X%) displayed positive paces of growth. Moreover, Zimbabwe emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, Morocco (X%) and Namibia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Africa and Zimbabwe increased by X and X percentage points, respectively.

In value terms, South Africa ($X) remains the largest tanned or dressed furskins supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Namibia ($X), with a X% share of total exports. It was followed by Morocco, with a X% share.

In South Africa, tanned or dressed furskins exports plunged by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Namibia (X% per year) and Morocco (X% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per unit, almost unchanged from the previous year. Over the period under review, the export price saw a perceptible setback. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The level of export peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Namibia ($X per unit), while Zimbabwe ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (X%), while the other leaders experienced a decline in the export price figures.

Imports of Tanned or Dressed Furskins

Imports in Africa

In 2022, the amount of tanned or dressed furskins imported in Africa shrank markedly to X units, waning by X% against 2021 figures. Overall, imports showed a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports reached the peak figure at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, tanned or dressed furskins imports skyrocketed to $X in 2022. Over the period under review, imports recorded a deep downturn. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

South Africa was the main importing country with an import of about X units, which accounted for X% of total imports. Morocco (X units) ranks second in terms of the total imports with a X% share, followed by Tunisia (X%). The following importers - Senegal (X units), Mauritius (X units) and Ghana (X units) - together made up X% of total imports.

South Africa experienced a relatively flat trend pattern with regard to volume of imports of tanned or dressed furskins. At the same time, Ghana (X%), Tunisia (X%) and Senegal (X%) displayed positive paces of growth. Moreover, Ghana emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. By contrast, Morocco (X%) and Mauritius (X%) illustrated a downward trend over the same period. South Africa (X p.p.), Tunisia (X p.p.), Senegal (X p.p.) and Ghana (X p.p.) significantly strengthened its position in terms of the total imports, while Mauritius and Morocco saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, the largest tanned or dressed furskins importing markets in Africa were South Africa ($X), Morocco ($X) and Mauritius ($X), together accounting for X% of total imports. Tunisia, Ghana and Senegal lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Ghana, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in Africa amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the import price enjoyed mild growth. The level of import peaked at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Mauritius ($X per unit), while Senegal ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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