Report Update Nov 1, 2024

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

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Saudi Arabia: Market for Tanned or Dressed Furskins 2024

Market Size for Tanned or Dressed Furskins in Saudi Arabia

In 2022, after two years of growth, there was significant decline in the Saudi tanned or dressed furskins market, when its value decreased by -10.2% to $X. Overall, consumption, however, recorded a significant increase. Tanned or dressed furskins consumption peaked at $X in 2021, and then reduced in the following year.

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 50% against the previous year. Over the period under review, the export price saw a significant increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 65%. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to China ($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 Italy (+57.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tanned or Dressed Furskins

Imports into Saudi Arabia

In 2022, purchases abroad of tanned or dressed furskins decreased by -1.9% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, showed a prominent increase. The growth pace was the most rapid in 2018 with an increase of 224% against the previous year. Imports peaked at X units in 2021, and then declined modestly in the following year.

In value terms, tanned or dressed furskins imports declined sharply to $X in 2022. In general, imports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2018 when imports increased by 163% against the previous year. Imports peaked at $X in 2021, and then contracted markedly in the following year.

Imports by Country

In 2022, Argentina (X units) constituted the largest tanned or dressed furskins supplier to Saudi Arabia, accounting for a 68% share of total imports. Moreover, tanned or dressed furskins imports from Argentina exceeded the figures recorded by the second-largest supplier, Italy (X units), eightfold. The third position in this ranking was held by China (X units), with a 6.6% share.

From 2012 to 2022, the average annual growth rate of volume from Argentina totaled +36.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+3.6% per year) and China (+4.3% per year).

In value terms, Argentina ($X) constituted the largest supplier of tanned or dressed furskins to Saudi Arabia, comprising 50% of total imports. The second position in the ranking was held by Italy ($X), with a 13% share of total imports. It was followed by China, with a 7.2% share.

From 2012 to 2022, the average annual growth rate of value from Argentina stood at +39.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+6.9% per year) and China (+12.3% per year).

Import Prices by Country

In 2022, the average tanned or dressed furskins import price amounted to $X per unit, with a decrease of -18.3% against the previous year. Overall, the import price, however, recorded a temperate expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 64%. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 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 Italy ($X per unit), while the price for the United Arab Emirates ($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 (+7.7%), 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, accounting for 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 Saudi Arabia?

In value terms, the largest tanned or dressed furskins suppliers to Saudi Arabia were Argentina, China and the United Arab Emirates, together comprising 77% of total imports. The United States and South Africa lagged somewhat behind, together accounting for a further 12%.

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

In value terms, China remains the key foreign market for tanned or dressed furskins exports from Saudi Arabia.

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

The average tanned or dressed furskins export price stood at $56 per unit in 2021, approximately reflecting the previous year.

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

The average tanned or dressed furskins import price stood at $19 per unit in 2021, surging by 24% against the previous year.

This report provides an in-depth analysis of the market for tanned or dressed furskins in Saudi Arabia. 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:

Saudi Arabia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Saudi Arabia
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