Agra facilitated the sale of the total Swakara pelt offering at the April Kopenhagen Fur pelt auction held in Copenhagen, Denmark.
The average sales price of N$485.96 represents an increase of 13 percent on the N$428.58 achieved at the September 2015 auction. The pelt offer consisted of 39 416 black, 13 413 white, 2 732 spotted and 577 diverse pelts.
The Top Lot for white Swakara achieved N$2 117.47 (DKK 960) for a lot of 58 KF Selected Extra pelts, purchased by Vtoroy Mechovoy from Russia. The highest price for black pelts was N$1 367.53 (DKK 620), for a lot of 82 O Light Selected Extra pelts, paid by FENDI.
Paolo Borello representing Vtoroy Mechovoy, the buyer of the beautiful white Swakara Top Lot, was very happy with the sought after pelts from Namibia. He plans to use the pelts for his new collection next season.
“The colour and character of the pelts are very light and unique. It is a very exclusive Top Lot, and it is very seldom that we see such beautiful white Swakara pelts,” he said.
The top Namibian producer with more than 250 pelts at this auction was Karasberge Karakoel Stoet Wit, achieving an average price of N$1017.63 for 280 pelts sold at the auction. The top South African producer was WA Knoesen, who achieved an average price of N$807.88 for 390 pelts.
The pelt offer was bought by 27 buyers, with other prospective buyers bidding but not being successful. The biggest single buyer of Swakara was the company Manakas from Greece that purchased 11 938 pelts. The most pelts were bought by Italian buyers, followed by buyers from Greece, with the buyers from England taking third place.
Good quality pelts were in demand and achieved higher prices at the auction. White pelts were in high demand and achieved very good prices. The average price for white pelts increased by 30 percent, compared to the prices achieved in September 2015 while the price of black pelts remained the same.
Arnold Klein, CEO of Agra, who attended the auction described the auction as very successful for Swakara, taking into account that the overall fur market situation is still very difficult due to the global economic challenges currently experienced by Russia, Greece and China.