U.S.: Market for Tanned or Dressed Whole Furskins of Rabbit, Hare or Lamb 2025

Market Size for Tanned or Dressed Whole Furskins of Rabbit, Hare or Lamb in the U.S.

In 2022, after ten years of growth, there was significant decline in the U.S. market for tanned or dressed whole furskins of rabbit, hare or lamb, when its value decreased by -16.9% to $X. Over the period under review, consumption, however, posted a strong expansion. As a result, consumption attained the peak level of $X, and then declined dramatically in the following year.

Exports of Tanned or Dressed Whole Furskins of Rabbit, Hare or Lamb

Exports from the U.S.

In 2022, the amount of tanned or dressed whole furskins of rabbit, hare or lamb exported from the United States surged to X units, picking up by 101% on the previous year. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, rabbit, hare or lamb furskin exports fell dramatically to $X in 2022. Overall, exports, however, continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 84%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X units) was the main destination for rabbit, hare or lamb furskin exports from the United States, with a 42% share of total exports. Moreover, rabbit, hare or lamb furskin exports to Canada exceeded the volume sent to the second major destination, the UK (X units), twofold. Greece (X units) ranked third in terms of total exports with a 17% share.

From 2020 to 2022, the average annual growth rate of volume to Canada amounted to +60.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+235.5% per year) and Greece (+346.1% per year).

In value terms, the largest markets for rabbit, hare or lamb furskin exported from the United States were Canada ($X), Greece ($X) and the UK ($X), with a combined 74% share of total exports.

Among the main countries of destination, Greece, with a CAGR of +155.0%, recorded the highest growth rate of 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 export price for tanned or dressed whole furskins of rabbit, hare or lamb stood at $X per unit in 2022, dropping by -78.4% against the previous year. Overall, the export price saw a dramatic curtailment. The growth pace was the most rapid in 2021 an increase of 40% against the previous year. As a result, the export price attained the peak level of $X per unit, and then fell significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greece ($X per unit), while the average price for exports to Denmark ($X per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+12.6%), while the prices for the other major destinations experienced a decline.

Imports of Tanned or Dressed Whole Furskins of Rabbit, Hare or Lamb

Imports into the U.S.

In 2022, purchases abroad of tanned or dressed whole furskins of rabbit, hare or lamb decreased by -11% to X units for the first time since 2011, thus ending a ten-year rising trend. Over the period under review, imports, however, posted resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 43% against the previous year. As a result, imports attained the peak of X units, and then contracted in the following year.

In value terms, rabbit, hare or lamb furskin imports fell to $X in 2022. In general, imports continue to indicate a slight shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 51% against the previous year. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Brazil (X units) constituted the largest rabbit, hare or lamb furskin supplier to the United States, accounting for a 42% share of total imports. Moreover, rabbit, hare or lamb furskin imports from Brazil exceeded the figures recorded by the second-largest supplier, Colombia (X units), threefold. China (X units) ranked third in terms of total imports with an 11% share.

From 2020 to 2022, the average annual growth rate of volume from Brazil amounted to +2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (+29.0% per year) and China (+57.7% per year).

In value terms, Brazil ($X) constituted the largest supplier of tanned or dressed whole furskins of rabbit, hare or lamb to the United States, comprising 47% of total imports. The second position in the ranking was taken by Colombia ($X), with a 10% share of total imports. It was followed by China, with a 7.3% share.

From 2020 to 2022, the average annual growth rate of value from Brazil totaled +10.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (+29.9% per year) and China (+43.4% per year).

Import Prices by Country

The average import price for tanned or dressed whole furskins of rabbit, hare or lamb stood at $X per unit in 2022, surging by 3.2% against the previous year. Over the last two-year period, it increased at an average annual rate of +4.5%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 5.7% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

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

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+41.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :