Spain: Artificial Fur Market 2025

Artificial Fur Market Size in Spain

The Spanish artificial fur market declined modestly to $X in 2022, waning by -2.3% against the previous year. In general, consumption, however, continues to indicate a noticeable slump. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Artificial Fur Production in Spain

In value terms, artificial fur production contracted to $X in 2022 estimated in export price. In general, production, however, continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2016 with an increase of 41% against the previous year. Artificial fur production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Artificial Fur Exports

Exports from Spain

In 2022, after two years of decline, there was significant growth in overseas shipments of artificial fur, when their volume increased by 30% to X tons. Over the period under review, exports, however, saw a deep reduction. The pace of growth appeared the most rapid in 2016 with an increase of 119%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, artificial fur exports surged to $X in 2022. Overall, exports, however, continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2016 with an increase of 124% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Morocco (X tons) was the main destination for artificial fur exports from Spain, with a 51% share of total exports. Moreover, artificial fur exports to Morocco exceeded the volume sent to the second major destination, France (X tons), fivefold. Turkey (X tons) ranked third in terms of total exports with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Morocco totaled +33.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+1.5% per year) and Turkey (+11.1% per year).

In value terms, the largest markets for artificial fur exported from Spain were Mexico ($X), Morocco ($X) and France ($X), with a combined 47% share of total exports.

Among the main countries of destination, Morocco, with a CAGR of +29.4%, 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

The average artificial fur export price stood at $X per ton in 2022, reducing by -5% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 33% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 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 Mexico ($X per ton), while the average price for exports to Morocco ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+14.6%), while the prices for the other major destinations experienced more modest paces of growth.

Artificial Fur Imports

Imports into Spain

In 2022, the amount of artificial fur imported into Spain surged to X tons, increasing by 52% compared with the previous year's figure. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 204%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, artificial fur imports soared to $X in 2022. Overall, total imports indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -12.1% against 2018 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 99% against the previous year. 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, China (X tons) constituted the largest artificial fur supplier to Spain, accounting for a 79% share of total imports. Moreover, artificial fur imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), more than tenfold. The third position in this ranking was held by France (X tons), with a 4.8% share.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-10.1% per year) and France (+91.4% per year).

In value terms, China ($X) constituted the largest supplier of artificial fur to Spain, comprising 48% of total imports. The second position in the ranking was taken by France ($X), with a 19% share of total imports. It was followed by Italy, with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: France (+96.3% per year) and Italy (-3.6% per year).

Import Prices by Country

In 2022, the average artificial fur import price amounted to $X per ton, declining by -9.9% against the previous year. Over the period under review, the import price, however, posted a notable increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 94%. Over the period under review, average import prices attained the maximum at $X per ton in 2019; however, from 2020 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 France ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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