Dramatic Changes of Chinese Angola Rabbit Industry from 2011 to 2015: Reasons, Challenges and Recommendations
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In recent years, the demand for rabbit fur in international markets has been declining, especially after the "fur hand-ripping" event at the end of 2013 in China. The rabbit fur export of China almost stagnated, and prices dropped significantly. The slowdown of world economic growth caused loss of most fur-skin enterprises. This paper studies changes of Chinese Angola rabbit industry from 2011 to 2015 by focusing on price and trade analysis. The results show that there are two turning points of Chinese Angola rabbit industry, one is the end of 2013, and the other is the mid of 2015. Chinese Angola rabbit and rabbit fur face big challenges, finally some related recommendations are provided.