Greece: Market for Tanned or Dressed Furskins 2024

Market Size for Tanned or Dressed Furskins in Greece

The Greek tanned or dressed furskins market fell dramatically to $X in 2022, reducing by -62.2% against the previous year. Overall, consumption faced a drastic downturn. Tanned or dressed furskins consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Tanned or Dressed Furskins in Greece

In value terms, tanned or dressed furskins production fell significantly to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt curtailment. The most prominent rate of growth was recorded in 2013 with an increase of 150% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Exports of Tanned or Dressed Furskins

Exports from Greece

In 2022, tanned or dressed furskins exports from Greece dropped dramatically to X units, with a decrease of -21.1% on the year before. In general, exports showed a deep slump. The pace of growth appeared the most rapid in 2017 when exports increased by 102%. Over the period under review, the exports attained the peak figure at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, tanned or dressed furskins exports totaled $X in 2022. Overall, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2017 with an increase of 57% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Turkey (X units) was the main destination for tanned or dressed furskins exports from Greece, with a 38% share of total exports. Moreover, tanned or dressed furskins exports to Turkey exceeded the volume sent to the second major destination, Finland (X units), threefold. The third position in this ranking was held by China (X units), with a 9.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Turkey amounted to +10.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+7.5% per year) and China (-28.1% per year).

In value terms, Turkey ($X), Italy ($X) and Finland ($X) appeared to be the largest markets for tanned or dressed furskins exported from Greece worldwide, together comprising 59% of total exports.

Turkey, with a CAGR of +14.4%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average tanned or dressed furskins export price stood at $X per unit in 2022, increasing by 28% against the previous year. In general, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 an increase of 67% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a somewhat 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 Hong Kong SAR ($X per unit), while the average price for exports to China ($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 Turkey (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tanned or Dressed Furskins

Imports into Greece

Tanned or dressed furskins imports into Greece shrank rapidly to X units in 2022, with a decrease of -27.7% against the previous year's figure. Overall, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 68% against the previous year. Imports 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 dropped to $X in 2022. Over the period under review, imports showed a dramatic descent. The most prominent rate of growth was recorded in 2017 with an increase of 88% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Turkey (X units), Italy (X units) and Russia (X units) were the main suppliers of tanned or dressed furskins imports to Greece, together comprising 54% of total imports. Germany, China, the United States, Finland, Canada, Austria, Japan, Portugal and Denmark lagged somewhat behind, together comprising a further 36%.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of +46.6%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Italy ($X) constituted the largest supplier of tanned or dressed furskins to Greece, comprising 55% of total imports. The second position in the ranking was taken by Germany ($X), with a 16% share of total imports. It was followed by Turkey, with a 4.7% share.

From 2012 to 2022, the average annual growth rate of value from Italy stood at -14.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-15.6% per year) and Turkey (-15.6% per year).

Import Prices by Country

The average tanned or dressed furskins import price stood at $X per unit in 2022, growing by 22% against the previous year. In general, the import price, however, recorded a abrupt slump. The pace of growth was the most pronounced in 2013 when the average import price increased by 33%. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Russia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-0.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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