Market Analysis

Examining the adherence to stockbreeding standards, chinchilla breeding takes its roots from the American continent. Here the first conditions for their captive breeding were created. With the rising popularity of fur this business became interesting in European countries where obsession with chinchilla fur products was started. Whole complexes specializing in acclimatization and adaptation were created and the results appeared very quickly. The shift of chinchilla breeding to CSI countries is logical because these territories pay special attention to fur, considering not only climate conditions of the region but also cultural peculiarities. Knyazhs (Princes) and boyars gave power and elegance to these products which transformed in modern attributes of wealth. Certain estimation and sale centers of fur from all over the world were formed in Europe.

Let us look at the Copenhagen Fur Center auction as one of the biggest fur centers in the world and also as the main fur supplier famous for its exquisiteness. Being in business for already more than 75 years, Copenhagen Fur Center keeps to the tradition alongside being open to innovations, Copenhagen Studio was also created as a platform for creative people to push the limits of fur product possibilities. They study new methods, analyze tendencies, exchange fur programmes for a range of creative spheres including fashion, accessories, interior design, decorations and others.

Fur auction becomes the center of attention five times a year when Copenhagen Fur building is the international fur center of professionals and enthusiasts who communicate in Chinese, Greek, Russian, English, German, Korean and Japanese. The first competitive tendering at auction begins in December and lasts till September when last lots of skins are sold. Before each auctions customers have an opportunity to have a look at skins offered for tendering. As a rule, the overview lasts for about 4 or 5 days. We would like you to notice that this is an important part of the competitive tendering since some lots are not displayed during the auction. Experience shows that the auction involves from 300 to 500 customers from all over the world.

At the Copenhagen Fur auction skins are sold at high price. At each out of five auctions up to five million mink skins together with chinchilla skins and other kinds of fur will be put up for sale. The annual turnover of the Copenhagen Fur Center is more than 600 million Euros. More than 65000 chinchilla skins are sold during a season and this number is constantly growing. About 25000 chinchilla skins are provided by Danish chinchilla breeders and 35000 skins are provided by foreign suppliers to the Copenhagen Fur Center. The big flow of fur purchases allows getting the highest price of chinchilla skins in the world!

Chinchilla Real’s vision is based on getting enough amounts of fur in Ukraine that would involve new investments and opportunities. So cooperation vector with the biggest fur auctions is prior for professionals of this industry.

You can see the analysis of competitive tendering from 2000 till 2012 below (The data is given by Copenhagen Fur Center).

Competitive Tendering 2012/2013 Schedule

1st Season

2nd Season

3rd Season

Auction in December 2012

(English)

 

Auction in February 2013

(English)

 

 

Auction in April 2013

(English)

 

 

Auction in December 2012

(Chinese)

 

 

Auction in February 2013

(Chinese)

 

Auction in April 2013

(Chinese)

 

Auction in December 2012

(Russian)

 

Auction in February 2013

(Russian)

 

Auction in February 2013

(Russian)

 

 

 

Year

 

 

Month

Total amount of skins on sale (“Standard”)

 

Average price of a skin in $

Maximum price of a skin in $

Skins sold in %

2000

 

February

 

1345

62,8

75,8

100%

2000

March

 

2053

 

54,8

 

70,2

 

100%

2000

 

May

 

2844

 

42,0

58,9

88%

2000

 

June

3824

 

38,2

57,2

72%

2000

 

September

4945

 

34,3

47,1

100%

2000

 

December

4402

 

42,4

63,9

100%

2001

 

February

 

4383

 

42,2

63,9

98%

2001

 

March

 

3530

36,0

53,9

94%

2001

May

 

2237

 

37,5

60,8

99%

2001

 

June

3030

 

41,9

57,8

100%

2001

 

September

5893

 

37,2

54,9

97%

2001

 

December

7861

 

33,6

54,3

98%

2002

 

February

7823

 

28,0

59,5

92%

2002

 

April

7609

 

22,7

43,8

86%

2002

 

June

8410

 

21,9

40,5

65%

2002

 

September

12 777

 

21,3

46,4

83%

2002

 

December

8367

 

29,4

48,2

95%

2003

 

February

3631

 

34,6

55,3

96%

2003

 

March

3551

 

37,9

55,1

99%

2003

 

June

4961

 

31,3

61,7

71%

2003

 

September

7922

 

29,0

53,7

58%

2003

 

December

8741

 

39,0

60,8

96%

2004

 

February

3896

 

43,9

75,2

100%

2004

April

4521

 

50,8

78,7

99%

2004

 

June

4923

 

50,3

67,8

68%

2004

 

September

6223

 

42,2

74,9

96%

2004

 

December

6835

 

46,9

82,7

91%

2005

 

February

4978

 

53,7

77,0

7%

2005

 

April

5292

 

51,7

83,1

99%

2005

 

June

5551

 

42,2

68,2

89%

2005

 

September

5839

 

42,7

81,4

95%

2005

 

December

10 907

 

55,7

80,4

100%

2006

 

February

5313

 

63,8

103,0

99%

2006

 

April

5562

 

72,9

97,7

95%

2006

 

June

6213

 

61,7

89,2

99%

2006

 

September

5383

 

70,3

88,4

100%

2006

 

December

18 375

 

72,1

101,3

100%

2007

 

February

9399

 

70,4

98,8

100%

2007

 

April

6100

 

79,7

126,9

100%

2007

 

June

7924

 

78,2

125,7

100%

2007

 

September

5486

 

97,5

145,8

100%

2007

 

December

11 200

 

106,5

186,9

100%

2008

 

February

10 554

 

109,9

142,7

100%

2008

 

April

12 598

 

113,1

164,0

100%

2008

 

June

9068

 

112,5

270,1

100%

2008

 

September

12 665

 

92,0

135,8

96%

 

2008

December

14 067

 

64,7

102,8

72%

2009

 

February

10 697

 

79,9

127,4

100%

2009

 

April

12 965

 

66,5

118,8

86%

2009

 

June

10 721

 

57,3

106,1

56%

2009

September

10 893

 

48,3

84,5

94%

2009

 

December

14 466

 

62,8

113,4

100%

2010

 

September

15 295

 

56,1

91,1

85%

2010

 

December

20 040

 

64,6

110,4

96%

2011

 

February

13 632

 

74,9

116,1

96%

 

2011

 

April

 

10 729

 

 

 

75,4

 

127,1

 

100%

2011

June

11 263

 

61,2

109,8

99%

2011

 

September

14 037

 

61,2

146,1

85%

2011

 

December

 

17 522

 

 

 

52,5

 

145,0

 

99%

2012

 

February

13 306

 

57,9

183,3

100%

2012

 

April

12 805

 

51,9

123,7

84%

 

 The competitive tendering data prove the high demand for raw material considering all fur introduced in correspondence with the quality. 

 One can observe the dynamic of the growth of the maximum price of the first-chop fur and at the same time the price of the average quality fur is regaining its position after the world financial fall.

 Data of 2012 contain the information of only two seasons of the fur auction.

 

 

Copenhagen Fur Center 

 

Website:

kopenhagenfur.com

 

Phone:

+45 43 26 10 00

Fax:

+45 43 26 11 26

Email:

mail@kopenhagenfur.com