In 2023, the import of tanned or dressed mink furskins not assembled to Germany was recorded at a level above the projected forecast for following years. Forecasts indicate a gradual decline from 32.86 thousand kilograms in 2024 to 31.16 thousand kilograms by 2028. This represents a year-on-year decrease in volume by less than 2% annually. Over the five-year period from 2023 to 2028, the compound annual growth rate (CAGR) suggests a steady decline.
Future trends to watch for include potential shifts in fashion demands, regulatory changes impacting fur imports, and advancements in synthetic alternatives which could further influence imports. Monitoring these factors will be crucial for stakeholders in the fur industry.
