Eastern Asia: Market for Tanned or Dressed Whole Furskins of Rabbit, Hare or Lamb 2024

Market Size for Tanned or Dressed Whole Furskins of Rabbit, Hare or Lamb in Eastern Asia

In 2022, the East Asian market for tanned or dressed whole furskins of rabbit, hare or lamb was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption, however, saw a deep downturn. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Production of Tanned or Dressed Whole Furskins of Rabbit, Hare or Lamb in Eastern Asia

In value terms, rabbit, hare or lamb furskin production declined to $X in 2022 estimated in export price. Overall, production, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

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Exports of Tanned or Dressed Whole Furskins of Rabbit, Hare or Lamb

Exports in Eastern Asia

In 2022, approx. X units of tanned or dressed whole furskins of rabbit, hare or lamb were exported in Eastern Asia; falling by X% compared with 2021. In general, exports, however, continue to indicate a moderate increase. The growth pace was the most rapid in 2017 when exports increased by X%. The volume of export peaked at X units in 2021, and then contracted remarkably in the following year.

In value terms, rabbit, hare or lamb furskin exports shrank markedly to $X in 2022. Over the period under review, exports showed a pronounced setback. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

China (X units) represented roughly X% of total exports in 2022.

China was also the fastest-growing in terms of the tanned or dressed whole furskins of rabbit, hare or lamb exports, with a CAGR of X% from 2012 to 2022. While the share of China (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest rabbit, hare or lamb furskin supplier in Eastern Asia.

From 2012 to 2022, the average annual growth rate of value in China stood at X%.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per unit, waning by X% against the previous year. In general, the export price showed a abrupt slump. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, 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 X% per year.

Imports of Tanned or Dressed Whole Furskins of Rabbit, Hare or Lamb

Imports in Eastern Asia

In 2022, supplies from abroad of tanned or dressed whole furskins of rabbit, hare or lamb decreased by X% to X units, falling for the third consecutive year after two years of growth. In general, imports showed a drastic downturn. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, rabbit, hare or lamb furskin imports contracted notably to $X in 2022. Overall, imports faced a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China was the major importing country with an import of about X units, which reached X% of total imports. It was distantly followed by South Korea (X units) and Japan (X units), together making up a X% share of total imports. Hong Kong SAR (X units) held a little share of total imports.

Imports into China decreased at an average annual rate of X% from 2012 to 2022. At the same time, South Korea (X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of X% from 2012-2022. Japan experienced a relatively flat trend pattern. By contrast, Hong Kong SAR (X%) illustrated a downward trend over the same period. China (X p.p.), South Korea (X p.p.) and Japan (X p.p.) significantly strengthened its position in terms of the total imports, while Hong Kong SAR saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, China ($X), South Korea ($X) and Hong Kong SAR ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of total imports.

Among the main importing countries, South Korea, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per unit, with a decrease of X% against the previous year. Overall, the import price continues to indicate a slight setback. The growth pace was the most rapid in 2021 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per unit in 2013; however, from 2014 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 Hong Kong SAR ($X per unit), while Japan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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