Price for Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in the United Arab Emirates - 2022

Contents:

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

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

The average export price for furskins; raw, of mink, whole, with or without head, tail or pawses stood at $15,732 per ton in 2022, dropping by -95.5% against the previous year. Over the period under review, the export price saw a dramatic setback. The pace of growth was the most pronounced in 2013 when the average export price increased by 60%. As a result, the export price attained the peak level of $468,146 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

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 Saudi Arabia ($16,199 per ton), while the average price for exports to Yemen amounted to $1,286 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (-2.5%).

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

In 2022, the average import price for furskins; raw, of mink, whole, with or without head, tail or pawses amounted to $131,940 per ton, picking up by 9.7% against the previous year. In general, the import price, however, saw a abrupt decrease. Over the period under review, average import prices hit record highs at $427,454 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Finland ($382,273 per ton), while the price for the UK ($57,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+10.4%), while the prices for the other major suppliers experienced a decline.

Exports of Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in the United Arab Emirates

In 2022, shipments abroad of furskins; raw, of mink, whole, with or without head, tail or pawses was finally on the rise to reach 2.2 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, total exports indicated measured growth from 2019 to 2022: its volume increased at an average annual rate of +3.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of furskins; raw, of mink, whole, with or without head, tail or pawses dropped dramatically to $35K in 2022. In general, exports, however, faced a dramatic slump. The most prominent rate of growth was recorded in 2020 with an increase of 10% against the previous year.

Export of Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi ArabiaN/AN/AN/A35.10%
YemenN/AN/AN/A0.10%
United States18.218.017.8N/A-1.1%
Greece341376416N/A10.5%
OthersN/A0.3N/AN/A0%
Total35939443435.2-53.9%

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

  1. Saudi Arabia (2.2 tons)
  2. Yemen (0.1 tons)

Imports of Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in the United Arab Emirates

After two years of decline, supplies from abroad of furskins; raw, of mink, whole, with or without head, tail or pawses increased by 1.7% to 234 kg in 2022. Overall, imports, however, recorded a sharp decline.

In value terms, imports of furskins; raw, of mink, whole, with or without head, tail or pawses rose remarkably to $31K in 2022. Over the period under review, imports, however, recorded a significant curtailment.

Import of Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States50.325.921.624.6-21.2%
Finland10.75.14.04.2-26.8%
Canada6.83.02.12.0-33.5%
Others0.30.10.10.1-30.7%
Total68.134.127.730.9-23.2%

Top Suppliers of Furskins; Raw, of Mink, Whole, with or Without Head, Tail or Paws to the United Arab Emirates in 2022:

  1. United States (209.0 kg)
  2. Canada (12.0 kg)
  3. Finland (11.0 kg)

Source: IndexBox Market Intelligence Platform

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