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

Contents:

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

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

The average import price for furskins; raw, of mink, whole, with or without head, tail or pawses stood at $154,234 per ton in 2022, reducing by -20.3% against the previous year. Overall, the import price saw a deep downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by 51% against the previous year. The import price peaked at $336,065 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Denmark ($178,796 per ton) and Finland ($176,907 per ton), while the price for Lithuania ($124,669 per ton) and Latvia ($149,809 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (-4.4%), 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 Russia (FOB) - 2022

In 2022, the average export price for furskins; raw, of mink, whole, with or without head, tail or pawses amounted to $74,532 per ton, waning by -45.4% against the previous year. In general, the export price showed a deep slump. The pace of growth was the most pronounced in 2018 an increase of 60%. The export price peaked at $240,438 per ton in 2012; however, from 2013 to 2022, the 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 Cambodia ($287,838 per ton), while the average price for exports to Poland ($55,270 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 Cambodia (+60.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, supplies from abroad of furskins; raw, of mink, whole, with or without head, tail or pawses was finally on the rise to reach 84 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a abrupt decline.

In value terms, imports of furskins; raw, of mink, whole, with or without head, tail or pawses contracted slightly to $13M in 2022. Overall, imports, however, saw a abrupt descent. The pace of growth appeared the most rapid in 2021 when imports increased by 0.8%.

Import of Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland7.11.01.67.0-0.5%
LithuaniaN/AN/AN/A3.90%
LatviaN/AN/AN/A1.60%
Denmark6.71.61.80.5-57.9%
Belarus7.010.29.5N/A16.5%
Canada1.5N/AN/AN/A0%
Others0.8N/AN/AN/A0%
Total23.212.812.912.9-17.8%

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

  1. Finland (39.3 tons)
  2. Lithuania (31.0 tons)
  3. Latvia (10.4 tons)
  4. Denmark (2.9 tons)

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

For the fourth consecutive year, Russia recorded growth in shipments abroad of furskins; raw, of mink, whole, with or without head, tail or pawses, which increased by 20% to 106 tons in 2022. Over the period under review, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 215%. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, exports of furskins; raw, of mink, whole, with or without head, tail or pawses shrank significantly to $7.9M in 2022. In general, exports posted significant growth. The growth pace was the most rapid in 2021 when exports increased by 222% against the previous year. As a result, the exports reached the peak of $12M, and then contracted sharply in the following year.

Export of Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland0.92.34.75.380.6%
CambodiaN/A0.81.42.473.2%
Finland0.80.20.30.3-27.9%
ThailandN/A0.14.0N/A3900.0%
Denmark0.70.11.2N/A30.9%
Others0.50.20.5N/A0.0%
Total2.93.712.17.939.7%

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

  1. Poland (95.5 tons)
  2. Cambodia (8.2 tons)
  3. Finland (2.4 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Furskins; raw, of mink, whole, with or without head, tail or paws - Russia