Report Update Apr 1, 2024

Puerto Rico - Artificial Fur - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Artificial Fur Market 2024

Artificial Fur Exports

Exports by Country

China prevails in exports structure, reaching X tons, which was approx. 59% of total exports in 2021. Syrian Arab Republic (X tons) ranks second in terms of the total exports with a 9.9% share, followed by Belarus (6%). Bangladesh (X tons), Thailand (X tons), Belgium (X tons), the Netherlands (X tons), Italy (X tons) and Taiwan (Chinese) (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to artificial fur exports from China stood at +16.1%. At the same time, Bangladesh (+53.0%), Belarus (+33.2%), Thailand (+20.1%), Belgium (+14.5%), Italy (+13.6%) and Syrian Arab Republic (+4.4%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing exporter exported in the world, with a CAGR of +53.0% from 2012-2021. The Netherlands experienced a relatively flat trend pattern. By contrast, Taiwan (Chinese) (-23.7%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China, Belarus, Bangladesh and Thailand increased by +20, +4.8, +3.7 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest artificial fur supplier from Puerto Rico, comprising 58% of global exports. The second position in the ranking was taken by the Netherlands ($X), with a 9.5% share of global exports. It was followed by Italy, with an 8.5% share.

From 2012 to 2021, the average annual growth rate of value in China totaled +18.0%. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (+14.1% per year) and Italy (+10.5% per year).

Artificial Fur Imports

Imports by Country

Thailand represented the major importing country with an import of about X tons, which resulted at 31% of total imports. It was distantly followed by Russia (X tons), Belarus (X tons) and Italy (X tons), together comprising a 21% share of total imports. Vietnam (X tons), the UK (X tons), the United States (X tons), China (X tons), Democratic People's Republic of Korea (X tons), France (X tons), Cambodia (X tons), Egypt (X tons) and the United Arab Emirates (X tons) took a minor share of total imports.

Imports into Thailand increased at an average annual rate of +45.2% from 2012 to 2021. At the same time, Cambodia (+54.3%), Vietnam (+31.9%), Egypt (+31.5%), the United Arab Emirates (+31.1%), Democratic People's Republic of Korea (+20.8%), Russia (+14.0%), Italy (+11.8%), Belarus (+10.6%) and France (+7.4%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing importer imported in the world, with a CAGR of +54.3% from 2012-2021. The UK experienced a relatively flat trend pattern. By contrast, China (-2.6%) and the United States (-4.6%) illustrated a downward trend over the same period. While the share of Thailand (+29 p.p.), Russia (+5.2 p.p.), Vietnam (+3.6 p.p.), Belarus (+2.2 p.p.), Cambodia (+2.1 p.p.), Italy (+2.1 p.p.), Egypt (+1.7 p.p.) and Democratic People's Republic of Korea (+1.7 p.p.) increased significantly in terms of the global imports from 2012-2021, the share of the UK (-1.5 p.p.), China (-2.4 p.p.) and the United States (-3.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest artificial fur importing markets into Puerto Rico were Italy ($X), France ($X) and Russia ($X), with a combined 25% share of total imports. Vietnam, Cambodia, China, the UK, the United States, Thailand, Democratic People's Republic of Korea, Egypt, Belarus and the United Arab Emirates lagged somewhat behind, together comprising a further 31%.

Cambodia, with a CAGR of +62.7%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for artificial fur in the world?

The countries with the highest volumes of consumption in 2021 were China, the United States and India, together accounting for 32% of global consumption. These countries were followed by Thailand, Japan, Russia, Nigeria, Indonesia, Brazil, Pakistan, Poland, France and Bangladesh, which together accounted for a further 26%.

What are the largest producers of artificial fur in the world?

China constituted the country with the largest volume of artificial fur production, accounting for 27% of total volume. Moreover, artificial fur production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. India ranked third in terms of total production with a 6.7% share.

What are the leading suppliers of artificial fur to Puerto Rico?

In value terms, Italy, France and Russia appeared to be the countries with the highest levels of imports in 2021, together accounting for 25% of total imports. These countries were followed by Vietnam, Cambodia, China, the UK, the United States, Thailand, Democratic People's Republic of Korea, Egypt, Belarus and the United Arab Emirates, which together accounted for a further 31%.

What are the leading importers of artificial fur from Puerto Rico?

In value terms, China remains the largest artificial fur supplier from Puerto Rico, comprising 58% of global exports. The second position in the ranking was taken by the Netherlands, with a 9.5% share of global exports. It was followed by Italy, with an 8.5% share.

This report provides an in-depth analysis of the artificial fur market in Puerto Rico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 13911920 - Artificial fur and articles thereof

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023