Eastern Europe: Artificial Fur Market 2025

Artificial Fur Market Size in Eastern Europe

The East European artificial fur market shrank notably to $X in 2022, reducing by -30.8% against the previous year. Overall, consumption saw a abrupt decline. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Artificial Fur Production in Eastern Europe

In value terms, artificial fur production contracted to $X in 2022 estimated in export price. The total production indicated slight growth from 2012 to 2022: its value increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +18.3% against 2017 indices. The most prominent rate of growth was recorded in 2015 with an increase of 47%. Over the period under review, production attained the peak level at $X in 2021, and then contracted in the following year.

Artificial Fur Exports

Exports in Eastern Europe

In 2022, the amount of artificial fur exported in Eastern Europe dropped to X tons, declining by -9.1% on 2021. Overall, exports, however, posted a prominent increase. The pace of growth was the most pronounced in 2018 when exports increased by 92%. The volume of export peaked at X tons in 2021, and then contracted in the following year.

In value terms, artificial fur exports reached $X in 2022. In general, exports, however, showed a prominent expansion. The growth pace was the most rapid in 2018 with an increase of 77%. The level of export peaked in 2022 and is likely to continue growth in the near future.

Exports by Country

Belarus (X tons), Russia (X tons) and Poland (X tons) represented roughly 79% of total exports in 2022. It was distantly followed by Ukraine (X tons), achieving a 6.7% share of total exports. The following exporters - the Czech Republic (X tons), Bulgaria (X tons) and Romania (X tons) - together made up 10% of total exports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +18.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Belarus ($X) and Russia ($X) were the countries with the highest levels of exports in 2022, together comprising 73% of total exports.

Poland, with a CAGR of +21.8%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, with an increase of 10% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2014 when the export price increased by 39% against the previous year. The level of export peaked 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 amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Romania ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+2.7%), while the other leaders experienced mixed trends in the export price figures.

Artificial Fur Imports

Imports in Eastern Europe

In 2022, the amount of artificial fur imported in Eastern Europe reduced to X tons, waning by -12.1% against the previous year's figure. In general, imports, however, enjoyed temperate growth. The growth pace was the most rapid in 2013 with an increase of 98%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, artificial fur imports fell to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 51%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Russia (X tons) and Belarus (X tons) dominates imports structure, together mixing up 78% of total imports. It was distantly followed by Poland (X tons), generating a 5.2% share of total imports. Ukraine (X tons), Romania (X tons), the Czech Republic (X tons) and Bulgaria (X tons) took a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Belarus (with a CAGR of +10.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constitutes the largest market for imported artificial fur in Eastern Europe, comprising 37% of total imports. The second position in the ranking was taken by Poland ($X), with a 16% share of total imports. It was followed by Belarus, with a 15% share.

From 2012 to 2022, the average annual growth rate of value in Russia stood at +3.4%. In the other countries, the average annual rates were as follows: Poland (+9.5% per year) and Belarus (-3.1% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, picking up by 2.5% against the previous year. In general, the import price, however, continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2017 when the import price increased by 47% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+6.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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