Market movement
In 2024, furskins: tanned or dressed, heads, tails, paws and other pieces or cuttings, not assembled, excluding goods of heading no. 4303 trade exhibited strong growth, with global flows reaching $12,045,073 and a three-year compound annual growth rate of +10.1% (five-year: +1.9%). The all-time peak of $35,188,682 was recorded in 2013; the current level is 66% below that high-water mark.
Over the 30-year observation window (1995–2024), 41% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is strengthening (+16.3% acceleration).
The World Trade Flows Characterization classifies furskins: tanned or dressed, heads, tails, paws and other pieces or cuttings, not assembled, excluding goods of heading no. 4303 as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.
