In 2023, China led the global market as the top exporter of clothing and accessories made from furskin, with exports valued at $3.32 billion, followed by Italy at $0.357 billion. Hong Kong, Greece, and France showed moderate export values, but significantly lower than China and Italy. Despite minor fluctuations, these countries have maintained a steady growth trajectory. Over the past two years, a consistent increase in value can be observed with China experiencing the highest growth rates. The five-year CAGR suggests a firm upward trend for China, with Italy also showing an upward but less pronounced increase.
Looking ahead, the demand for sustainable and ethically sourced furskin products could shape the market dynamics. Countries that adapt to eco-friendly practices may enhance their competitive edge. Emerging markets and technological innovations in furskin processing might also influence future export trends.
Top countries in Top Exporters of Clothing, Accessories and Other Articles of Furskin
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 China | 3,320 | 2016 | |
| 2 | 2 Italy | 357.33 | 2016 | |
| 3 | 3 Hong Kong | 121.71 | 2016 | |
| 4 | 4 Greece | 116.36 | 2016 | |
| 5 | 5 France | 89.43 | 2016 | |
| 6 | 6 Turkey | 78.34 | 2016 | |
| 7 | 7 Germany | 53.28 | 2016 | |
| 8 | 8 United Kingdom | 23.67 | 2016 | |
| 9 | 9 United States | 22.33 | 2016 | |
| 10 | 10 Canada | 18.2 | 2016 |