Report Update Nov 1, 2024

Malaysia - Tanned or Dressed Furskins - Market Analysis, Forecast, Size, Trends and Insights

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Malaysia: Market for Tanned or Dressed Furskins 2024

Market Size for Tanned or Dressed Furskins in Malaysia

The Malaysian tanned or dressed furskins market rose significantly to $X in 2022, picking up by 7.6% against the previous year. Over the period under review, consumption, however, enjoyed a prominent expansion. As a result, consumption attained 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 Malaysia

In value terms, tanned or dressed furskins production amounted to $X in 2022 estimated in export price. Overall, production recorded buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of 54%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Exports of Tanned or Dressed Furskins

Export Prices by Country

The average tanned or dressed furskins export price stood at $X per unit in 2022, picking up by 6.4% against the previous year. Over the period under review, the export price saw significant growth. The pace of growth was the most pronounced in 2013 when the average export price increased by 83% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to China ($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 Vietnam (+138.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tanned or Dressed Furskins

Imports into Malaysia

In 2022, approx. X units of tanned or dressed furskins were imported into Malaysia; falling by -76.9% on the previous year. Overall, imports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 266% against the previous year. Over the period under review, imports reached the peak figure at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, tanned or dressed furskins imports contracted remarkably to $X in 2022. In general, imports, however, continue to indicate noticeable growth. The pace of growth appeared the most rapid in 2016 when imports increased by 502%. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Finland (X units) constituted the largest tanned or dressed furskins supplier to Malaysia, accounting for a 56% share of total imports. Moreover, tanned or dressed furskins imports from Finland exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Finland amounted to +9.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+43.1% per year) and Hong Kong SAR (-4.6% per year).

In value terms, Hong Kong SAR ($X), Finland ($X) and Germany ($X) appeared to be the largest tanned or dressed furskins suppliers to Malaysia, together accounting for 99.9% of total imports.

Among the main suppliers, Germany, with a CAGR of +64.8%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average tanned or dressed furskins import price stood at $X per unit in 2022, surging by 221% against the previous year. Overall, the import price, however, continues to indicate a noticeable descent. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tanned or dressed furskins in the world?

Italy constituted the country with the largest volume of tanned or dressed furskins consumption, comprising approx. 35% of total volume. Moreover, tanned or dressed furskins consumption in Italy exceeded the figures recorded by the second-largest consumer, Spain, twofold. The third position in this ranking was occupied by Turkey, with a 9.9% share.

What are the largest producers of tanned or dressed furskins in the world?

The countries with the highest volumes of in 2021 were Italy, Spain and Cambodia, together comprising 61% of global production. Turkey, Portugal, China, Argentina, New Zealand, Brazil, Malaysia and Poland lagged somewhat behind, together comprising a further 32%.

What are the leading suppliers of tanned or dressed furskins to Malaysia?

In value terms, China constituted the largest supplier of tanned or dressed furskins to Malaysia, comprising 57% of total imports. The second position in the ranking was occupied by Hong Kong SAR, with a 20% share of total imports. It was followed by Germany, with a 15% share.

What are the leading importers of tanned or dressed furskins from Malaysia?

In value terms, China remains the key foreign market for tanned or dressed furskins exports from Malaysia, comprising 92% of total exports. The second position in the ranking was occupied by Hong Kong SAR, with a 6% share of total exports.

What is the average export price for tanned or dressed furskins in Malaysia?

The average tanned or dressed furskins export price stood at $91 per unit in 2021, with an increase of 14% against the previous year.

What is the average import price for tanned or dressed furskins in Malaysia?

The average tanned or dressed furskins import price stood at $19 per unit in 2021, with a decrease of -70.9% against the previous year.

This report provides an in-depth analysis of the market for tanned or dressed furskins in Malaysia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 15111030 - Tanned or dressed whole furskins, not assembled, of rabbit, h are or lamb
Prodcom 15111050 - Tanned or dressed furskins or skins (excluding rabbit, hare or lamb)

Country coverage:

Malaysia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Malaysia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023