Turkey: Market for Tanned or Dressed Furskins 2024

Market Size for Tanned or Dressed Furskins in Turkey

The Turkish tanned or dressed furskins market fell to $X in 2022, waning by -10.2% against the previous year. Overall, consumption continues to indicate a abrupt slump. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Tanned or Dressed Furskins in Turkey

In value terms, tanned or dressed furskins production dropped dramatically to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 121%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Tanned or Dressed Furskins

Exports from Turkey

In 2022, the amount of tanned or dressed furskins exported from Turkey dropped slightly to X units, remaining constant against the previous year. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 60% against the previous year. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, tanned or dressed furskins exports reached $X in 2022. Overall, exports recorded a noticeable downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 53% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X units), South Korea (X units) and Russia (X units) were the main destinations of tanned or dressed furskins exports from Turkey, with a combined 38% share of total exports. The United States, Germany, Portugal, the UK, India, China, North Macedonia, Greece, Pakistan and France lagged somewhat behind, together comprising a further 43%.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of +49.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), Italy ($X) and Russia ($X) appeared to be the largest markets for tanned or dressed furskins exported from Turkey worldwide, with a combined 50% share of total exports. The United States, Germany, Portugal, India, the UK, France, North Macedonia, Pakistan, China and Greece lagged somewhat behind, together comprising a further 32%.

In terms of the main countries of destination, Portugal, with a CAGR of +37.1%, 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, approximately reflecting the previous year. In general, the export price, however, showed a noticeable curtailment. The pace of growth appeared the most rapid in 2018 an increase of 14%. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($X per unit), while the average price for exports to Greece ($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 the UK (-1.6%), while the prices for the other major destinations experienced a decline.

Imports of Tanned or Dressed Furskins

Imports into Turkey

In 2022, supplies from abroad of tanned or dressed furskins increased by 54% to X units, rising for the second consecutive year after two years of decline. In general, imports, however, showed a abrupt setback. Over the period under review, imports reached the maximum at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, tanned or dressed furskins imports surged to $X in 2022. Over the period under review, imports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 56%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Spain (X units) and Brazil (X units) were the main suppliers of tanned or dressed furskins imports to Turkey, with a combined 61% share of total imports. Italy, Finland, Colombia, Greece and New Zealand lagged somewhat behind, together comprising a further 25%.

From 2012 to 2022, the biggest increases were recorded for Colombia (with a CAGR of +66.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Greece ($X), Spain ($X) and China ($X) constituted the largest tanned or dressed furskins suppliers to Turkey, with a combined 39% share of total imports. Italy, Finland, Brazil, Colombia and New Zealand lagged somewhat behind, together comprising a further 22%.

In terms of the main suppliers, Colombia, with a CAGR of +58.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average tanned or dressed furskins import price stood at $X per unit in 2022, waning by -4.1% against the previous year. Over the period under review, the import price saw a slight shrinkage. The most prominent rate of growth was recorded in 2021 when the average import price increased by 24% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 Greece ($X per unit), while the price for Colombia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+14.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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