Africa: Market for Tanned or Dressed Furskins 2025

Market Size for Tanned or Dressed Furskins in Africa

The African tanned or dressed furskins market contracted to $X in 2022, leveling off at the previous year. The market value increased at an average annual rate of +2.4% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Tanned or Dressed Furskins in Africa

In value terms, tanned or dressed furskins production amounted to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 5.9% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Tanned or Dressed Furskins

Exports in Africa

In 2022, overseas shipments of tanned or dressed furskins increased by 8.9% to X units, rising for the second consecutive year after three years of decline. Overall, exports, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, tanned or dressed furskins exports rose markedly to $X in 2022. Over the period under review, exports, however, showed a abrupt decline. The growth pace was the most rapid in 2021 when exports increased by 27% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, South Africa (X units) represented the largest exporter of tanned or dressed furskins, making up 73% of total exports. Morocco (X units) took a 13% share (based on physical terms) of total exports, which put it in second place, followed by Namibia (9.8%). Egypt (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to tanned or dressed furskins exports from South Africa stood at -5.2%. Namibia (-4.2%), Morocco (-17.0%) and Egypt (-18.5%) illustrated a downward trend over the same period. South Africa (+25 p.p.) and Namibia (+3.9 p.p.) significantly strengthened its position in terms of the total exports, while Egypt and Morocco saw its share reduced by -4.2% and -19% from 2012 to 2022, respectively.

In value terms, South Africa ($X) remains the largest tanned or dressed furskins supplier in Africa, comprising 65% of total exports. The second position in the ranking was taken by Namibia ($X), with a 25% share of total exports. It was followed by Morocco, with a 4.6% share.

In South Africa, tanned or dressed furskins exports plunged by an average annual rate of -5.4% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Namibia (-0.9% per year) and Morocco (-25.6% per year).

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, approximately mirroring the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the export price increased by 63%. As a result, the export price reached the peak level of $X per unit. From 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Namibia ($X per unit), while Morocco ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+9.9%), while the other leaders experienced mixed trends in the export price figures.

Imports of Tanned or Dressed Furskins

Imports in Africa

In 2022, approx. X units of tanned or dressed furskins were imported in Africa; growing by 4.5% on the previous year's figure. Overall, imports, however, continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2021 when imports increased by 47%. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, tanned or dressed furskins imports rose notably to $X in 2022. In general, imports, however, showed a abrupt contraction. The pace of growth was the most pronounced in 2016 when imports increased by 51%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

South Africa represented the key importer of tanned or dressed furskins in Africa, with the volume of imports resulting at X units, which was near 41% of total imports in 2022. Tunisia (X units) took the second position in the ranking, followed by Morocco (X units). All these countries together held near 41% share of total imports. The following importers - Egypt (X units), Mauritius (X units), Ghana (X units) and Mauritania (X units) - together made up 12% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Ghana (with a CAGR of +35.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Tunisia ($X), South Africa ($X) and Morocco ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 82% share of total imports. Mauritius, Egypt, Mauritania and Ghana lagged somewhat behind, together comprising a further 14%.

Mauritania, with a CAGR of +33.9%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Africa amounted to $X per unit, picking up by 8.3% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the import price increased by 51% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mauritius ($X per unit), while Ghana ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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