In 2023, the import of raw mink furskins to China stood at a value of approximately 500 million USD. Forecasts indicate a steady growth in import value from 2024 to 2028, with figures increasing from 504.71 million USD in 2024 to 532.55 million USD in 2028. The year-on-year growth rates have been consistent, reflecting a stable increase in imports. The Compound Annual Growth Rate (CAGR) over the forecast period is projected to be moderate, evidencing a steady demand for raw mink furskins in the Chinese market.
Future trends to watch for include potential shifts in consumer preferences towards sustainable and ethical fashion, which may affect demand for mink furskins. Additionally, changes in trade policies or economic conditions could impact import volumes and market dynamics.
