Price for Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in South Korea - 2022
Contents:
- Price for Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in South Korea (CIF) - 2022
- Imports of Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in South Korea
Price for Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in South Korea (CIF) - 2022
In 2022, the average import price for furskins; raw, of mink, whole, with or without head, tail or pawses amounted to $256,798 per ton, shrinking by -14.7% against the previous year. Overall, the import price recorded a abrupt decrease. The growth pace was the most rapid in 2021 an increase of 65% against the previous year. Over the period under review, average import prices hit record highs at $830,408 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Denmark ($281,159 per ton) and Canada ($275,461 per ton), while the price for Finland ($250,065 per ton) and the United States ($255,164 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+18.0%), while the prices for the other major suppliers experienced a decline.
Imports of Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in South Korea
For the third year in a row, South Korea recorded decline in supplies from abroad of furskins; raw, of mink, whole, with or without head, tail or pawses, which decreased by -5.6% to 83 tons in 2022. Over the period under review, imports continue to indicate a sharp downturn.
In value terms, imports of furskins; raw, of mink, whole, with or without head, tail or pawses reduced markedly to $21M in 2022. In general, imports faced a precipitous slump. The pace of growth was the most pronounced in 2021 when imports increased by 45% against the previous year.
Import of Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Finland | 5.2 | 5.8 | 9.2 | 10.0 | 24.4% |
United States | 11.5 | 1.2 | 3.8 | 6.0 | -19.5% |
Canada | 13.6 | 3.1 | 1.6 | 2.3 | -44.7% |
Denmark | 15.5 | 7.8 | 11.8 | 2.1 | -48.6% |
Belarus | N/A | 0.1 | 0.1 | 0.8 | 182.8% |
Others | 0.3 | 0.3 | 0.1 | 0.2 | -12.6% |
Total | 46.0 | 18.3 | 26.5 | 21.4 | -22.5% |
Top Suppliers of Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws to South Korea in 2022:
- Finland (39.8 tons)
- United States (23.6 tons)
- Canada (8.4 tons)
- Denmark (7.3 tons)
- Belarus (3.1 tons)
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