In 2023, Italy led the European fur articles production with a total value of 192.1 million Euros, followed by Greece and France at 112.7 and 56.2 million Euros respectively. Notable declines affected Greece, Spain, and Finland, with reductions of 4.53%, 5.22%, and a significant 23.98%. Conversely, Denmark saw a growth of 2.47%, and Hungary and Romania experienced substantial increases of 11.63% and 7.96%, respectively.
Future trends to watch for include:
- Potential policy changes affecting fur production amid increased regulatory scrutiny.
- A shift towards sustainable and ethical production may drive innovative practices.
- Continued market volatility influenced by consumer demand for alternatives.
- Potential consolidation among smaller producers to maintain competitiveness.
Top countries in Fur Articles Production Value by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 192.1 | 2023 | +5.61% | -3.29% | View data |
| 2 | 2 Greece | 112.7 | 2023 | +8.05% | -4.53% | View data |
| 3 | 3 France | 56.2 | 2023 | -1.06% | -3.16% | View data |
| 4 | 4 Denmark | 20 | 2023 | +11.11% | +2.47% | View data |
| 5 | 5 Spain | 14.3 | 2023 | +9.16% | -5.22% | View data |
| 6 | 6 Poland | 13.4 | 2023 | -1.47% | -3.48% | View data |
| 7 | 7 Sweden | 4.1 | 2023 | -2.38% | -3.1% | View data |
| 8 | 8 Czech Republic | 3.9 | 2023 | +5.41% | -4.07% | View data |
| 9 | 9 Portugal | 3 | 2023 | +15.38% | 0% | View data |
| 10 | 10 Hungary | 2.6 | 2023 | +8.33% | +11.63% | View data |
