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

Contents:

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

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

In 2022, the average import price for furskins; raw, of mink, whole, with or without head, tail or pawses amounted to $148,186 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the import price, however, recorded a pronounced downturn. The pace of growth appeared the most rapid in 2018 when the average import price increased by 30%. The import price peaked at $244,711 per ton in 2013; however, from 2014 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 ($174,619 per ton), while the price for the United States ($109,972 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for furskins; raw, of mink, whole, with or without head, tail or pawses amounted to $5,521 per ton, remaining relatively unchanged against the previous year. Overall, the export price faced a precipitous decrease. The most prominent rate of growth was recorded in 2020 a decrease of -98.6% against the previous year. Over the period under review, the average export prices hit record highs at $157,508 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Hong Kong SAR.

From 2019 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to -56.4% per year.

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

In 2022, imports of furskins; raw, of mink, whole, with or without head, tail or pawses into Malaysia dropped modestly to 184 tons, approximately mirroring 2021 figures. In general, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 32%.

In value terms, imports of furskins; raw, of mink, whole, with or without head, tail or pawses fell modestly to $27M in 2022. Over the period under review, imports recorded a deep setback.

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

1. Finland (91.9 tons)
2. Denmark (86.4 tons)
3. United States (5.7 tons)

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

In 2022, exports of furskins; raw, of mink, whole, with or without head, tail or pawses from Malaysia stood at 117 kg, standing approx. at the year before. In general, exports showed a significant decrease. The smallest decline of -83.6% was in 2020.

In value terms, exports of furskins; raw, of mink, whole, with or without head, tail or pawses stood at $646 in 2022. Over the period under review, exports continue to indicate a precipitous decrease. The smallest decline of -99.8% was in 2020.

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

1. Hong Kong SAR (117.0 kg)

Source: IndexBox Market Intelligence Platform