Australia and Oceania: Artificial Fur Market 2024

Artificial Fur Market Size in Australia and Oceania

In 2022, after two years of growth, there was significant decline in the artificial fur market in Australia and Oceania, when its value decreased by X% to $X. In general, consumption showed a deep downturn. Over the period under review, the market reached the peak level at $X in 2021, and then declined dramatically in the following year.

Artificial Fur Production in Australia and Oceania

In value terms, artificial fur production expanded notably to $X in 2022 estimated in export price. The total production indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

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Artificial Fur Exports

Exports in Australia and Oceania

In 2022, shipments abroad of artificial fur increased by X% to X kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, artificial fur exports surged to $X in 2022. Overall, exports, however, saw a perceptible descent. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Australia dominates exports structure, resulting at X kg, which was approx. X% of total exports in 2022. It was distantly followed by New Zealand (X kg), creating a X% share of total exports.

Australia was also the fastest-growing in terms of the artificial fur exports, with a CAGR of X% from 2012 to 2022. New Zealand (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Australia increased by X percentage points.

In value terms, Australia ($X) remains the largest artificial fur supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by New Zealand ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia totaled X%.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, falling by X% against the previous year. Export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, artificial fur export price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then fell slightly in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%).

Artificial Fur Imports

Imports in Australia and Oceania

In 2022, after two years of growth, there was significant decline in supplies from abroad of artificial fur, when their volume decreased by X% to X tons. In general, imports, however, posted a measured increase. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2021, and then shrank significantly in the following year.

In value terms, artificial fur imports reduced remarkably to $X in 2022. Overall, imports, however, saw a strong increase. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then declined markedly in the following year.

Imports by Country

Australia dominates imports structure, accounting for X tons, which was approx. X% of total imports in 2022. It was distantly followed by New Zealand (X tons), achieving a X% share of total imports.

Australia was also the fastest-growing in terms of the artificial fur imports, with a CAGR of X% from 2012 to 2022. New Zealand (X%) illustrated a downward trend over the same period. While the share of Australia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of New Zealand (X p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported artificial fur in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports.

In Australia, artificial fur imports expanded at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, with an increase of X% against the previous year. Import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, artificial fur import price increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. Over the period under review, import prices attained the maximum in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per ton), while Australia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Source: IndexBox Platform