In 2023, the import of tanned or dressed whole furskins and pieces assembled to the US stood at an actual volume lower than 14.61 thousand kilograms. The forecasted values from 2024 to 2028 depict a gradual decrease in import volumes, starting at 14.61 thousand kilograms in 2024 and declining to 14.07 thousand kilograms by 2028. This gradual decrease represents a continuing downward trend over these years.
Year-on-year variations show a consistent negative change, indicating a declining demand or shift in sourcing strategies within the US market. The average annual decrease calculated over this five-year period results in a negative Compound Annual Growth Rate, highlighting the ongoing contraction in import volumes within this niche market.
Looking forward, the market should keep an eye on potential shifts in consumer preferences towards sustainable alternatives, policy changes, and trade agreements that might affect the fur industry. Additionally, technological advancements in synthetic alternatives could further influence the import demand for natural furskins.
