Fur, artificial: articles thereof

In 2024, fur, artificial: articles thereof trade exhibited strong growth, with global flows reaching $159,022,120 and a three-year compound annual growth rate of +14.1% (five-year: +7.5%). The all-time peak of $159,022,120 was recorded in 2024.

Over the 30-year observation window (1995–2024), 66% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is strengthening (+5.4% acceleration).

The World Trade Flows Characterization classifies fur, artificial: articles thereof as "One-way trade" in the high price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is concentrated (Herfindahl-Hirschman Index 0.502). The three largest exporters — China ($112.0M), Italy ($10.1M), and Netherlands ($4.2M) — collectively dominate supply flows. The leading exporter has grown at +20.8% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.053). The three largest import markets are Russia ($20.8M), Vietnam ($12.9M), and Kazakhstan ($11.0M). The largest importing market sources from 18 different supplying countries.

The dominant trade corridor is China → Russia at $18.9M, representing 90.8% of the importer's total demand.

The volatility score for fur, artificial: articles thereof is 10 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, strong demand tailwinds create a favourable entry environment. The concentrated supply structure suggests high barriers but also potential opportunity if dominant suppliers face disruption or capacity constraints.

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