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

Contents:

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

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

In 2022, the average import price for furskins; raw, of mink, whole, with or without head, tail or pawses amounted to $127,167 per ton, declining by -25.7% against the previous year. Overall, the import price continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2018 an increase of 56% against the previous year. The import price peaked at $280,333 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Italy.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to -5.8% per year.

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

In 2022, the average export price for furskins; raw, of mink, whole, with or without head, tail or pawses amounted to $31,000 per ton, growing by 258% against the previous year. Overall, the export price, however, recorded a deep reduction. Over the period under review, the average export prices hit record highs at $192,750 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Nepal ($58,000 per ton), while the average price for exports to Bangladesh amounted to $4,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nepal (+50.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in India

Imports of furskins; raw, of mink, whole, with or without head, tail or pawses into India soared to 6 kg in 2022, jumping by 50% on 2021 figures. In general, imports continue to indicate a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of furskins; raw, of mink, whole, with or without head, tail or pawses rose significantly to $763 in 2022. Over the period under review, imports, however, recorded a abrupt contraction.

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

1. Italy (6.0 kg)

Exports of Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in India

In 2022, overseas shipments of furskins; raw, of mink, whole, with or without head, tail or pawses decreased by -33.3% to 2 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 50% against the previous year. As a result, the exports attained the peak of 3 kg, and then fell remarkably in the following year.

In value terms, exports of furskins; raw, of mink, whole, with or without head, tail or pawses soared to $62 in 2022. In general, exports showed a precipitous decrease.

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

1. Nepal (1.0 kg)
2. Bangladesh (1.0 kg)

Source: IndexBox Market Intelligence Platform