Africa: Artificial Fur Market 2025

Artificial Fur Market Size in Africa

The African artificial fur market shrank significantly to $X in 2022, waning by -64.8% against the previous year. Overall, consumption continues to indicate a abrupt shrinkage. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Artificial Fur Production in Africa

In value terms, artificial fur production rose modestly to $X in 2022 estimated in export price. In general, production, however, showed prominent growth. The pace of growth appeared the most rapid in 2015 when the production volume increased by 34%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Artificial Fur Exports

Exports in Africa

Artificial fur exports contracted to X tons in 2022, which is down by -11.4% compared with the previous year. In general, exports saw a drastic downturn. The pace of growth was the most pronounced in 2018 when exports increased by 225%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, artificial fur exports shrank modestly to $X in 2022. Over the period under review, exports showed a deep slump. The growth pace was the most rapid in 2018 when exports increased by 168% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa dominates exports structure, finishing at X tons, which was approx. 91% of total exports in 2022. It was distantly followed by Tunisia (X kg), committing a 5% share of total exports. Egypt (X kg) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to artificial fur exports from South Africa stood at -18.7%. At the same time, Egypt (+14.0%) and Tunisia (+4.0%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing exporter exported in Africa, with a CAGR of +14.0% from 2012-2022. While the share of Tunisia (+4.5 p.p.) and Egypt (+2.5 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Africa (-7 p.p.) displayed negative dynamics.

In value terms, South Africa ($X) remains the largest artificial fur supplier in Africa, comprising 77% of total exports. The second position in the ranking was taken by Tunisia ($X), with a 12% share of total exports.

In South Africa, artificial fur exports decreased by an average annual rate of -11.7% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Tunisia (+5.1% per year) and Egypt (+48.9% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, picking up by 8.7% against the previous year. Over the period under review, the export price saw strong growth. The most prominent rate of growth was recorded in 2020 when the export price increased by 94% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Egypt ($X per ton), while South Africa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+30.6%), while the other leaders experienced more modest paces of growth.

Artificial Fur Imports

Imports in Africa

In 2022, the amount of artificial fur imported in Africa surged to X tons, with an increase of 17% compared with the year before. Overall, imports, however, showed a perceptible curtailment. The most prominent rate of growth was recorded in 2019 when imports increased by 85%. Over the period under review, imports reached the maximum at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, artificial fur imports soared to $X in 2022. Over the period under review, imports posted a slight increase. The most prominent rate of growth was recorded in 2019 when imports increased by 123%. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, South Africa (X tons) represented the largest importer of artificial fur, comprising 32% of total imports. It was distantly followed by Egypt (X tons), Ethiopia (X tons), Lesotho (X tons), Mauritania (X tons) and Nigeria (X tons), together committing a 46% share of total imports. Sudan (X tons), Rwanda (X tons), Niger (X tons) and Libya (X tons) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to artificial fur imports into South Africa stood at +26.5%. At the same time, Rwanda (+37.4%), Sudan (+35.8%), Niger (+33.0%), Mauritania (+25.6%), Libya (+7.8%), Ethiopia (+7.7%) and Nigeria (+4.1%) displayed positive paces of growth. Moreover, Rwanda emerged as the fastest-growing importer imported in Africa, with a CAGR of +37.4% from 2012-2022. By contrast, Lesotho (-5.3%) and Egypt (-18.3%) illustrated a downward trend over the same period. South Africa (+29 p.p.), Ethiopia (+7.7 p.p.), Mauritania (+6.6 p.p.), Sudan (+4.2 p.p.), Rwanda (+3.8 p.p.), Niger (+3.3 p.p.), Nigeria (+2.9 p.p.) and Libya (+1.7 p.p.) significantly strengthened its position in terms of the total imports, while Lesotho and Egypt saw its share reduced by -2.5% and -58.1% from 2012 to 2022, respectively.

In value terms, South Africa ($X) constitutes the largest market for imported artificial fur in Africa, comprising 50% of total imports. The second position in the ranking was held by Lesotho ($X), with an 8.4% share of total imports. It was followed by Ethiopia, with a 7.7% share.

In South Africa, artificial fur imports increased at an average annual rate of +35.0% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Lesotho (-13.3% per year) and Ethiopia (+10.3% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, rising by 13% against the previous year. Import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.0% 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 +45.7% against 2016 indices. The pace of growth appeared the most rapid in 2021 an increase of 29%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Africa ($X per ton), while Niger ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Rwanda (+10.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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