Price for Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in Italy - 2023

Contents:

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

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

The average import price for furskins; raw, of mink, whole, with or without head, tail or pawses stood at $222,070 per ton in 2022, increasing by 4.9% against the previous year. Overall, the import price, however, saw a abrupt decrease. The pace of growth appeared the most rapid in 2021 when the average import price increased by 46% against the previous year. Over the period under review, average import prices reached the peak figure at $562,648 per ton in 2012; however, from 2013 to 2022, 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 Denmark ($241,339 per ton), while the price for the UK ($54,963 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (-8.1%), 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 Italy (FOB) - 2022

In 2022, the average export price for furskins; raw, of mink, whole, with or without head, tail or pawses amounted to $84,434 per ton, dropping by -9.5% against the previous year. Over the period under review, the export price showed a deep reduction. The growth pace was the most rapid in 2018 when the average export price increased by 50% against the previous year. Over the period under review, the average export prices hit record highs at $223,166 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($211,556 per ton), while the average price for exports to Taiwan (Chinese) ($15,336 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+7.5%), 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 Italy

In 2022, the amount of furskins; raw, of mink, whole, with or without head, tail or pawses imported into Italy plummeted to 32 tons, with a decrease of -18.1% against the previous year. In general, imports showed a precipitous decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 9.4% against the previous year.

In value terms, imports of furskins; raw, of mink, whole, with or without head, tail or pawses contracted to $7.1M in 2022. Over the period under review, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 59% against the previous year.

Import of Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland3.63.04.14.46.9%
Denmark3.51.22.31.9-18.4%
Germany0.80.20.50.7-4.4%
France0.30.10.30.1-30.7%
Spain0.50.30.2N/A-36.8%
Greece1.50.10.3N/A-55.3%
Canada0.8N/AN/AN/A0%
Others1.40.40.6N/A-34.5%
Total12.35.28.37.1-16.7%

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

  1. Finland (20.0 tons)
  2. Denmark (7.7 tons)
  3. Germany (3.5 tons)
  4. France (0.5 tons)
  5. Greece (0.3 tons)
  6. Spain (0.2 tons)

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

For the third consecutive year, Italy recorded decline in overseas shipments of furskins; raw, of mink, whole, with or without head, tail or pawses, which decreased by -67.3% to 847 kg in 2022. Over the period under review, exports recorded a sharp descent. The smallest decline of -54.1% was in 2020.

In value terms, exports of furskins; raw, of mink, whole, with or without head, tail or pawses dropped significantly to $72K in 2022. In general, exports continue to indicate a sharp descent. The smallest decline of -58.4% was in 2021.

Export of Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark1,46748021045.1-68.7%
MongoliaN/AN/AN/A10.40%
Japan3.531.7N/A10.242.8%
SpainN/AN/AN/A3.80%
Taiwan (Chinese)N/AN/AN/A1.90%
United Kingdom113N/AN/AN/A0%
United StatesN/A29.3N/AN/A0%
Others13139.731.00.1-90.9%
Total1,71558124171.5-65.3%

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

  1. Denmark (579.0 kg)
  2. Taiwan (Chinese) (125.0 kg)
  3. Mongolia (67.0 kg)
  4. Japan (53.0 kg)
  5. Spain (18.0 kg)

Source: IndexBox Market Intelligence Platform

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