China: Artificial Fur Market 2025

Artificial Fur Market Size in China

In 2022, the Chinese artificial fur market decreased by -5.9% to $X, falling for the third consecutive year after two years of growth. The market value increased at an average annual rate of +1.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Artificial Fur Production in China

In value terms, artificial fur production reached $X in 2022 estimated in export price. Over the period under review, the total production indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -0.3% against 2020 indices. The pace of growth was the most pronounced in 2016 when the production volume increased by 42%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Artificial Fur Exports

Exports from China

Artificial fur exports from China expanded to X tons in 2022, with an increase of 3.4% on the previous year. In general, exports showed a resilient increase. The pace of growth appeared the most rapid in 2017 when exports increased by 65%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, artificial fur exports shrank to $X in 2022. Over the period under review, exports showed a prominent expansion. The pace of growth appeared the most rapid in 2019 when exports increased by 57% against the previous year. The exports peaked at $X in 2021, and then dropped in the following year.

Exports by Country

Kazakhstan (X tons) was the main destination for artificial fur exports from China, with a 34% share of total exports. Moreover, artificial fur exports to Kazakhstan exceeded the volume sent to the second major destination, the United States (X tons), fourfold. Egypt (X tons) ranked third in terms of total exports with a 5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Kazakhstan totaled +42.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+22.4% per year) and Egypt (+34.2% per year).

In value terms, Kazakhstan ($X) emerged as the key foreign market for artificial fur exports from China, comprising 26% of total exports. The second position in the ranking was held by the United States ($X), with a 9.5% share of total exports. It was followed by Kyrgyzstan, with a 9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Kazakhstan stood at +45.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+20.0% per year) and Kyrgyzstan (+62.7% per year).

Export Prices by Country

In 2022, the average artificial fur export price amounted to $X per ton, dropping by -12.3% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 55% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+25.6%), while the prices for the other major destinations experienced more modest paces of growth.

Artificial Fur Imports

Imports into China

In 2022, imports of artificial fur into China reduced rapidly to X tons, shrinking by -47.9% on the year before. Over the period under review, imports continue to indicate a deep setback. The growth pace was the most rapid in 2019 with an increase of 215% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, artificial fur imports skyrocketed to $X in 2022. In general, imports, however, recorded strong growth. The pace of growth was the most pronounced in 2021 with an increase of 194%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Vietnam (X tons), Italy (X tons) and South Korea (X tons) were the main suppliers of artificial fur imports to China, with a combined 77% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +218.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of artificial fur to China, comprising 67% of total imports. The second position in the ranking was held by France ($X), with a 6.5% share of total imports. It was followed by South Korea, with a 2.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy totaled +49.3%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+26.5% per year) and South Korea (-17.0% per year).

Import Prices by Country

The average artificial fur import price stood at $X per ton in 2022, picking up by 276% against the previous year. In general, the import price showed a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :