In 2023, the top importers of clothing, accessories, and other articles of furskin were led by the United States, with imports valued at $182.53 million. Hong Kong followed with $156.83 million, and Russia ranked third with $132.27 million. France, South Korea, and Italy also made significant contributions, importing $104.85 million, $102.63 million, and $84.19 million, respectively. Over the last two years, the market showed variable growth with particular strength in Asia and North America. The compound annual growth rate (CAGR) over the past five years indicates a stable increase in demand across most top markets.
Future trends to watch:
- Growing demand in Asia, especially in emerging markets, driven by increased purchasing power and changing fashion trends.
- Potential impact of sustainability initiatives affecting sourcing and consumer preferences.
- Shifts in trade policies or geopolitical tensions that could influence market dynamics and trade flows.
Top countries in Top Importers of Clothing, Accessories and Other Articles of Furskin
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 United States | 182.53 | 2016 | |
| 2 | 2 Hong Kong | 156.83 | 2016 | |
| 3 | 3 Russia | 132.27 | 2016 | |
| 4 | 4 France | 104.85 | 2016 | |
| 5 | 5 South Korea | 102.63 | 2016 | |
| 6 | 6 Italy | 84.19 | 2016 | |
| 7 | 7 Japan | 82.38 | 2016 | |
| 8 | 8 Germany | 58.52 | 2016 | |
| 9 | 9 United Kingdom | 55.35 | 2016 | |
| 10 | 10 Canada | 37.52 | 2016 |
