In 2023, Italy dominated the European fur article production with a share of 87.1%, followed by Greece at 12.51%. Other countries had minimal contributions, such as Denmark (0.55%) and Spain (0.32%). Notably, Italy showed a slight increase of 0.69% year-over-year, while Greece and Denmark experienced declines of 2.43% and 3.2%, respectively. Spain's production dropped significantly by 11.59%. Meanwhile, the United Kingdom saw a substantial growth of 20.35%, suggesting potential future competitiveness.
Future trends to watch include potential growth in emerging markets and shifts in consumer preferences influenced by sustainability concerns. Italy's market position may inspire strategic expansions or alignments in countries experiencing declines, such as Greece and Denmark.
Top countries in Sold Production of Fur Articles Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 87.1 | 2023 | +0.92% | +0.69% | View data |
| 2 | 2 Greece | 12.51 | 2023 | +15.6% | -2.43% | View data |
| 3 | 3 Denmark | 0.55 | 2023 | +14.4% | -3.2% | View data |
| 4 | 4 Spain | 0.32 | 2023 | -8.16% | -11.59% | View data |
| 5 | 5 Portugal | 0.29 | 2023 | +5.87% | -0.6% | View data |
| 6 | 6 United Kingdom | 0.27 | 2023 | +2.27% | +20.35% | View data |
| 7 | 7 Romania | 0.15 | 2023 | -11.33% | -11.57% | View data |
| 8 | 8 Hungary | 0.14 | 2023 | +5.98% | View data | |
| 9 | 9 Finland | 0.036 | 2023 | -59.56% | -26.38% | View data |
| 10 | 10 Estonia | 0.007 | 2023 | +46.08% | +19.67% | View data |
