Global Fur Trade Now Worth $15 Billion
This article from March 2012 includes figures released by the International Fur Trade Federation revealing an increase in fur sales of 7% from 2010-2011 and 70% since 2000/2001. While fur sales have increased in most areas (including a “rebound” in the United States), the growth is highest in Asia.
Article Excerpt:
“The International Fur Trade Federation has today released the global fur sales figures for 2010/2011 and they reveal a strong growth of over 7% (year-on-year) despite the economic downturn, reflecting a general trend in the luxury goods sector. In the longer term, turnover has increased by 70% since 2000/1. The Asian markets of China, Hong Kong and Korea are showing particularly significant gains whilst in Europe and North America, turnover increased as pelt prices at auction reached record highs. US turnover has bounced back to pre-recession levels of just under $US 1 billion.”