Portugal: Market for Tanned or Dressed Furskins 2024

Market Size for Tanned or Dressed Furskins in Portugal

The Portuguese tanned or dressed furskins market dropped to $X in 2022, waning by X% against the previous year. Over the period under review, consumption showed a dramatic shrinkage. 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 Furskins in Portugal

In value terms, tanned or dressed furskins production skyrocketed to $X in 2022 estimated in export price. In general, production enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. Tanned or dressed furskins production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Tanned or Dressed Furskins

Exports from Portugal

Tanned or dressed furskins exports from Portugal amounted to X units in 2022, with an increase of X% on 2021. Over the period under review, exports saw a buoyant expansion. The pace of growth appeared the most rapid in 2016 with an increase of X%. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, tanned or dressed furskins exports dropped to $X in 2022. Overall, exports, however, continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Spain (X units) was the main destination for tanned or dressed furskins exports from Portugal, accounting for a X% share of total exports. Moreover, tanned or dressed furskins exports to Spain exceeded the volume sent to the second major destination, Italy (X units), more than tenfold.

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

In value terms, Italy ($X) remains the key foreign market for tanned or dressed furskins exports from Portugal, comprising X% of total exports. The second position in the ranking was taken by Spain ($X), with a X% share of total exports.

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

Export Prices by Country

The average tanned or dressed furskins export price stood at $X per unit in 2022, shrinking by X% against the previous year. Overall, the export price showed a abrupt decrease. The pace of growth was the most pronounced in 2014 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Spain amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%).

Imports of Tanned or Dressed Furskins

Imports into Portugal

Tanned or dressed furskins imports into Portugal fell remarkably to X units in 2022, with a decrease of X% against 2021 figures. Over the period under review, imports recorded a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, tanned or dressed furskins imports shrank sharply to $X in 2022. Overall, imports recorded a pronounced contraction. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Spain (X units) constituted the largest supplier of tanned or dressed furskins to Portugal, with a X% share of total imports. Moreover, tanned or dressed furskins imports from Spain exceeded the figures recorded by the second-largest supplier, Brazil (X units), twofold. Turkey (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Turkey (X% per year).

In value terms, Turkey ($X), Spain ($X) and Brazil ($X) appeared to be the largest tanned or dressed furskins suppliers to Portugal, with a combined X% share of total imports. Italy, China, Belgium, Germany and the Netherlands lagged somewhat behind, together comprising a further X%.

Among the main suppliers, China, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average tanned or dressed furskins import price amounted to $X per unit, falling by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2015 an increase of X%. The import price peaked at $X per unit 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 Turkey ($X per unit), while the price for Belgium ($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 prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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