Furskins: raw, of Astrakhan, Broadtail, Caracul, Persian and similar lamb, Indian, Chinese, Mongolian or Tibetan lamb, whole, with or without head, tail or paws

In 2024, furskins: raw, of astrakhan, broadtail, caracul, persian and similar lamb, indian, chinese, mongolian or tibetan lamb, whole, with or without head, tail or paws trade exhibited significant decline, with global flows reaching $1,871,052 and a three-year compound annual growth rate of -7.0% (five-year: -18.1%). The all-time peak of $53,615,541 was recorded in 2006; the current level is 97% below that high-water mark.

Over the 30-year observation window (1995–2024), 48% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is strengthening (+15.2% acceleration).

The World Trade Flows Characterization classifies furskins: raw, of astrakhan, broadtail, caracul, persian and similar lamb, indian, chinese, mongolian or tibetan lamb, whole, with or without head, tail or paws as "One-way trade" in the low price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.222). The three largest exporters — Iran ($2.0M), Australia ($2.0M), and Denmark ($1.7M) — collectively dominate supply flows. The leading exporter has grown at -62.1% over the last three years.

On the demand side, importer concentration is moderately concentrated (HHI 0.183). The three largest import markets are India ($604.3K), Trinidad and Tobago ($410.0K), and Finland ($369.3K). The largest importing market sources from 2 different supplying countries.

Estimated substitution elasticity: -13.24. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Iran → Denmark at $1.9M, representing 36.4% of the importer's total demand.

The volatility score for furskins: raw, of astrakhan, broadtail, caracul, persian and similar lamb, indian, chinese, mongolian or tibetan lamb, whole, with or without head, tail or paws is 25 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, contracting demand signals caution before committing resources. A moderately concentrated market rewards differentiated positioning and strategic partner selection.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.