New Zealand: Market for Tanned or Dressed Furskins 2025

Market Size for Tanned or Dressed Furskins in New Zealand

The New Zealand tanned or dressed furskins market contracted slightly to $X in 2022, almost unchanged from the previous year. In general, consumption continues to indicate a buoyant expansion. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Tanned or Dressed Furskins in New Zealand

In value terms, tanned or dressed furskins production declined modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.9% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2015 when the production volume increased by 41% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Tanned or Dressed Furskins

Exports by Country

China (X units), the United States (X units) and Italy (X units) were the main destinations of tanned or dressed furskins exports from New Zealand, together comprising 60% of total exports. Uruguay, Turkey, Canada, the UK, Hungary, Germany, Finland, the Philippines and Australia lagged somewhat behind, together accounting for a further 36%.

From 2012 to 2022, the biggest increases were recorded for Uruguay (with a CAGR of +77.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for tanned or dressed furskins exported from New Zealand were China ($X), the United States ($X) and Italy ($X), together comprising 60% of total exports. Uruguay, Turkey, Canada, the UK, Hungary, Germany, Finland, the Philippines and Australia lagged somewhat behind, together comprising a further 36%.

In terms of the main countries of destination, Uruguay, with a CAGR of +65.2%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average tanned or dressed furskins export price amounted to $X per unit, growing by 25% against the previous year. Over the period under review, the export price enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2016 an increase of 55%. As a result, the export price attained the peak level of $X per unit. From 2017 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($X per unit) and China ($X per unit), while the average price for exports to Italy ($X per unit) and the UK ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+21.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tanned or Dressed Furskins

Imports into New Zealand

Tanned or dressed furskins imports into New Zealand fell rapidly to X units in 2022, reducing by -21.6% against the previous year. Over the period under review, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 98%. Imports peaked at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, tanned or dressed furskins imports contracted dramatically to $X in 2022. In general, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 66%. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Brazil (X units) constituted the largest supplier of tanned or dressed furskins to New Zealand, with a 55% share of total imports. Moreover, tanned or dressed furskins imports from Brazil exceeded the figures recorded by the second-largest supplier, Turkey (X units), fourfold. The United States (X units) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil stood at +10.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+4.3% per year) and the United States (+28.1% per year).

In value terms, Brazil ($X) constituted the largest supplier of tanned or dressed furskins to New Zealand, comprising 54% of total imports. The second position in the ranking was taken by Turkey ($X), with a 13% share of total imports. It was followed by the United States, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil stood at +10.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-5.0% per year) and the United States (+20.5% per year).

Import Prices by Country

The average tanned or dressed furskins import price stood at $X per unit in 2022, dropping by -15.4% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average import price increased by 74% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Pakistan ($X per unit) and Brazil ($X per unit), while the price for China ($X per unit) and India ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :