Australia - Artificial Fur - Market Analysis, Forecast, Size, Trends And Insights
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View PricingArtificial Fur Price in Australia - 2023
Contents:
- Artificial Fur Price in Australia (CIF) - 2022
- Artificial Fur Price in Australia (FOB) - 2022
- Artificial Fur Imports in Australia
- Artificial Fur Exports in Australia
Artificial Fur Price in Australia (CIF) - 2022
In 2022, the average artificial fur import price amounted to $23,861 per ton, with an increase of 25% against the previous year. Over the period under review, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, artificial fur import price increased by +74.7% against 2018 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 46% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($23,861 per ton), while the price for the United States totaled $23,832 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Artificial Fur Price in Australia (FOB) - 2022
In 2022, the average artificial fur export price amounted to $63,525 per ton, waning by -11% against the previous year. Overall, the export price, however, posted resilient growth. The growth pace was the most rapid in 2015 an increase of 138% against the previous year. Over the period under review, the average export prices reached the maximum at $77,407 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Canada ($60,564 per ton) and Germany ($59,761 per ton), while the average price for exports to Norway ($54,200 per ton) and New Zealand ($55,550 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.
Artificial Fur Imports in Australia
After three years of growth, purchases abroad of artificial fur decreased by -33.5% to 85 tons in 2022. Overall, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 185% against the previous year.
In value terms, artificial fur imports declined dramatically to $2M in 2022. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 214%.
Import of Artificial Fur in Australia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 389 | 1,529 | 2,341 | 1,995 | 72.5% |
Italy | 35.3 | 15.1 | 30.2 | 23.7 | -12.4% |
Others | 75.0 | 22.4 | 80.5 | 15.7 | -40.6% |
Total | 499 | 1,567 | 2,451 | 2,034 | 59.7% |
Top Suppliers of Artificial Fur to Australia in 2022:
- China (83.6 tons)
- Italy (1.0 tons)
Artificial Fur Exports in Australia
In 2022, approx. 575 kg of artificial fur were exported from Australia; with an increase of 65% compared with 2021. Overall, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +13.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.3% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, artificial fur exports soared to $37K in 2022. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Artificial Fur in Australia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | N/A | N/A | N/A | 18.2 | 0% |
United Kingdom | 5.0 | N/A | N/A | 8.4 | 18.9% |
Canada | N/A | 13.9 | 7.1 | 4.7 | -41.9% |
Norway | N/A | N/A | 15.5 | 1.6 | -89.7% |
New Zealand | N/A | N/A | 2.1 | 1.1 | -47.6% |
Thailand | 3.8 | N/A | N/A | N/A | 0% |
Japan | 9.1 | 3.9 | N/A | N/A | -57.1% |
Italy | 1.7 | N/A | N/A | N/A | 0% |
Others | 1.3 | N/A | 0.1 | 2.4 | 22.7% |
Total | 20.9 | 17.9 | 24.9 | 36.5 | 20.4% |
Top Export Markets for Artificial Fur from Australia in 2022:
- Germany (305.0 kg)
- United Kingdom (142.0 kg)
- Canada (78.0 kg)
- Norway (30.0 kg)
- New Zealand (20.0 kg)
This report provides an in-depth analysis of the artificial fur market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13911920 - Artificial fur and articles thereof
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In value terms, artificial fur and articles thereof imports stood at $X in 2016. Overall, it indicated a significant expansion from 2007 to 2016: the total imports value decreased at an average ann...
In value terms, artificial fur and articles thereof exports stood at $X in 2016. Overall, it indicated a measured growth from 2007 to 2016: the total exports value decreased at an average annual rat...
In value terms, artificial fur and articles thereof imports stood at $X in 2016. Overall, it indicated a significant expansion from 2007 to 2016: the total imports value decreased at an average ann...
In value terms, artificial fur and articles thereof exports stood at $X in 2016. Overall, it indicated a measured growth from 2007 to 2016: the total exports value decreased at an average annual rat...