Fur production, export and consumption are languishing this year, with growth rates dropping significantly from last year, according to the latest industry figures. Huang Yanjie, director of the fur committee of the China Leather Organization, said the sector has grown at its slowest pace in the last three years, despite China being the world’s largest fur exporter, producer and buyer. Last year, revenue of 547 fur manufacturing enterprises, that each has revenue of more than 20 million yuan ($3.13 million), rose 11.39 percent to 86.48 billion yuan from a year ago, with growth rate down 5.9 percentage points, said Huang…Full Article: ECNS.cn Dec 2015

Key Point

  • From 2012 to 2014, Chinese production of dressed, dyed, and processed fur increased from CNY 64 billion (~US$10.15 billion) to CNY 76.6 billion (~US$12.29 billion).

ChinaAg Comments

  • In February 2015, it was reported that Chinese fur production was expected to decline owing to weak demand in 2014.
  • In 2014, China produced 60 million mink pelts, 13 million fox pelts and 14 million raccoon pelts.
  • Chinese imports of fur skins (HS 4031) are primarily routed through Hong Kong. For instance, in 2013, Hong Kong imported US$1.7 billion worth of fur skins while mainland China imported US$817 million. Denmark, followed by Finland and Canada, were the top fur skin suppliers to both Hong Kong and mainland China.
  • In 2011, China’s State Forestry Administration authorized The China Leather Industry Association to collect production data on mink, fox and raccoon pelts. The association’s first publication was released in 2013.

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