Price and productivity are two important competitive factors for the fur skin production worldwide. In the paper it is demonstrated that there are significant long-term trends towards increasing productivity and decreasing price ratios. The trend follows the same pattern as for other agricultural products. The analysis is based on Danish conditions as a case.
By using different measurement methods it is demonstrated that productivity is increasing in several
places in fur value chain. The fur skin prices, which are largely determined in international markets,
are both very volatile and decreasing in the long term. The terms of trade - the ratio between output
and input prices - is also unstable but with a clear negative long-term trend. The developments in prices and productivity cause high demands on management both on individual fur farms and further down the value chain.