In 2023, Italy led European sold production of fur articles with a value of €608.24 million. Countries like the United Kingdom showcased significant positive growth, with a notable 20.35% increase. Meanwhile, Greece, Denmark, and Spain experienced declines in production, with Spain seeing a marked 11.59% decrease. Despite their smaller market sizes, Estonia and Croatia showed growth, whereas Finland witnessed a substantial drop of 26.38%.
Going forward, the focus should be on:
- The recovery potential in markets with recent declines, like Greece and Spain.
- The expansion opportunities observable in markets with growth, such as the UK and Estonia.
- The impact of sustainable fashion trends and changing consumer preferences on traditional fur production.
Top countries in Sold Production of Fur Articles by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 608,240,000 | 2023 | +0.92% | +0.69% | View data |
| 2 | 2 Greece | 87,390,000 | 2023 | +15.6% | -2.43% | View data |
| 3 | 3 Denmark | 3,807,200 | 2023 | +14.4% | -3.2% | View data |
| 4 | 4 Spain | 2,266,800 | 2023 | -8.16% | -11.59% | View data |
| 5 | 5 Portugal | 2,028,000 | 2023 | +5.87% | -0.6% | View data |
| 6 | 6 United Kingdom | 1,917,500 | 2023 | +2.27% | +20.35% | View data |
| 7 | 7 Romania | 1,033,800 | 2023 | -11.33% | -11.57% | View data |
| 8 | 8 Hungary | 947,710 | 2023 | +5.98% | View data | |
| 9 | 9 Finland | 254,490 | 2023 | -59.56% | -26.38% | View data |
| 10 | 10 Estonia | 45,230 | 2023 | +46.08% | +19.67% | View data |
