Price for Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in Hong Kong SAR - 2022

Contents:

1. Price for Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in Hong Kong SAR (CIF) - 2022
2. Price for Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in Hong Kong SAR (FOB) - 2022
3. Imports of Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in Hong Kong SAR
4. Exports of Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in Hong Kong SAR

Price for Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in Hong Kong SAR (CIF) - 2022

In 2022, the average import price for furskins; raw, of mink, whole, with or without head, tail or pawses amounted to $140,264 per ton, rising by 2.7% against the previous year. Over the period under review, the import price, however, saw a deep downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by 52% against the previous year. As a result, import price attained the peak level of $580,195 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

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 Thailand ($217,674 per ton), while the price for Finland ($118,529 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+4.2%), while the prices for the other major suppliers experienced a decline.

Price for Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in Hong Kong SAR (FOB) - 2022

In 2022, the average export price for furskins; raw, of mink, whole, with or without head, tail or pawses amounted to $103,820 per ton, growing by 42% against the previous year. In general, the export price, however, saw a abrupt decrease. Over the period under review, the average export prices attained the peak figure at $226,535 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($128,923 per ton), while the average price for exports to Thailand amounted to $97,967 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (-5.5%), while the prices for the other major destinations experienced a decline.

Imports of Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in Hong Kong SAR

In 2022, overseas purchases of furskins; raw, of mink, whole, with or without head, tail or pawses were finally on the rise to reach 97 tons after two years of decline. In general, imports, however, continue to indicate a dramatic setback.

In value terms, imports of furskins; raw, of mink, whole, with or without head, tail or pawses expanded remarkably to $14M in 2022. Over the period under review, imports, however, recorded a significant curtailment.

Top Suppliers of Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws to Hong Kong SAR in 2022:

1. Denmark (62.2 tons)
2. Thailand (17.7 tons)
3. Finland (16.6 tons)

Exports of Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in Hong Kong SAR

In 2022, shipments abroad of furskins; raw, of mink, whole, with or without head, tail or pawses increased by 35% to 34 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a sharp curtailment.

In value terms, exports of furskins; raw, of mink, whole, with or without head, tail or pawses surged to $3.5M in 2022. Overall, exports, however, faced a abrupt curtailment.

Top Export Markets for Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws from Hong Kong SAR in 2022:

1. Thailand (27.2 tons)
2. China (6.3 tons)

Source: IndexBox Market Intelligence Platform