In 2023, Italy dominated the European market for tanned or dressed fur skins, holding a substantial share of the market, with production valued at 96.73 euros. Portugal and Finland showed contrasting year-on-year changes, with Portugal declining by 2.56% and Finland increasing by 17.37%. Smaller markets like Greece, Lithuania, and Romania experienced a decrease, while Estonia, Sweden, and Iceland remained stable. Denmark's production rose by 10.19% from a smaller base. Over the past five years, the compound annual growth rates suggest consistent market positioning for major players like Italy, with varying performances from others.
Future trends to watch include potential industry shifts towards sustainability, impacting fur demand. Monitoring Italy's ability to maintain its leading position amid potential regulation changes and growing ethical concerns around fur production will be crucial. Emerging markets like Finland could gain momentum if they capitalize on rising production efficiencies and consumer trends favoring alternative materials.
Top countries in Sold Production of Tanned or Dressed Fur Skins Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 96.73 | 2023 | +15.49% | +6.64% | View data |
| 2 | 2 Portugal | 1.06 | 2023 | +8% | -2.56% | View data |
| 3 | 3 Greece | 0.43 | 2023 | +13.29% | -4.05% | View data |
| 4 | 4 Finland | 0.36 | 2023 | +18.15% | +17.37% | View data |
| 5 | 5 Lithuania | 0.11 | 2023 | +3.77% | +7.29% | View data |
| 6 | 6 Estonia | 0.05 | 2023 | +0.16% | View data | |
| 7 | 7 Sweden | 0.033 | 2023 | +8.95% | View data | |
| 8 | 8 Romania | 0.009 | 2023 | -2.44% | -5.32% | View data |
| 9 | 9 Denmark | 0 | 2023 | +6.86% | +10.19% | View data |
| 10 | 10 Iceland | 0 | 2023 | 0% | View data |