Ethiopia: Market for Tanned or Dressed Furskins 2025

Market Size for Tanned or Dressed Furskins in Ethiopia

In 2022, the Ethiopian tanned or dressed furskins market increased by 10% to $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Tanned or Dressed Furskins in Ethiopia

In value terms, tanned or dressed furskins production surged to $X in 2022 estimated in export price. In general, production, however, continues to indicate a drastic downturn. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Exports of Tanned or Dressed Furskins

Exports from Ethiopia

Tanned or dressed furskins exports from Ethiopia contracted sharply to X units in 2022, which is down by -34.5% on the previous year's figure. Over the period under review, exports recorded a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 222% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, tanned or dressed furskins exports dropped remarkably to $X in 2022. Overall, exports faced a dramatic setback. The pace of growth appeared the most rapid in 2021 with an increase of 534%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X units) was the main destination for tanned or dressed furskins exports from Ethiopia, with a 60% share of total exports. Moreover, tanned or dressed furskins exports to France exceeded the volume sent to the second major destination, China (X units), twofold. The third position in this ranking was held by Italy (X units), with a 7.7% share.

From 2012 to 2022, the average annual growth rate of volume to France stood at -12.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-28.2% per year) and Italy (-38.9% per year).

In value terms, France ($X) remains the key foreign market for tanned or dressed furskins exports from Ethiopia, comprising 89% of total exports. The second position in the ranking was taken by China ($X), with a 7.7% share of total exports. It was followed by Italy, with a 3.1% share.

From 2012 to 2022, the average annual growth rate of value to France amounted to -23.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-42.8% per year) and Italy (-44.0% per year).

Export Prices by Country

The average tanned or dressed furskins export price stood at $X per unit in 2022, reducing by -11.7% against the previous year. Overall, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 an increase of 97% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (-8.9%), while the prices for the other major destinations experienced a decline.

Imports of Tanned or Dressed Furskins

Imports into Ethiopia

In 2022, the amount of tanned or dressed furskins imported into Ethiopia reduced dramatically to X units, declining by -49.6% compared with the year before. Over the period under review, imports saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 10,786%. Over the period under review, imports attained the maximum at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, tanned or dressed furskins imports fell markedly to $X in 2022. In general, imports, however, saw strong growth. The pace of growth appeared the most rapid in 2021 when imports increased by 11,774%. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) was the main supplier of tanned or dressed furskins to Ethiopia, accounting for a 97% share of total imports. It was followed by Saudi Arabia (X units), with a 2.3% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +14.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (-43.5% per year) and the United Arab Emirates (-46.2% per year).

In value terms, China ($X) constituted the largest supplier of tanned or dressed furskins to Ethiopia, comprising 99% of total imports. The second position in the ranking was taken by Saudi Arabia ($X), with a 0.6% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +32.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (-52.5% per year) and the United Arab Emirates (-39.5% per year).

Import Prices by Country

In 2022, the average tanned or dressed furskins import price amounted to $X per unit, stabilizing at the previous year. In general, the import price showed a buoyant increase. The most prominent rate of growth was recorded in 2015 an increase of 90% against the previous year. As a result, import price reached the peak level of $X per unit. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for Saudi Arabia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform