Fur production, export and consumption are languishing this year, with growth rates dropping significantly from last year, according to the latest industry figures.

Huang Yanjie, director of the fur committee of the China Leather Organization, said the sector has grown at its slowest pace in the last three years, despite China being the world's largest fur exporter, producer and buyer.

Last year, revenue of 547 fur manufacturing enterprises, that each has revenue of more than 20 million yuan ($3.13 million), rose 11.39 percent to 86.48 billion yuan from a year ago, with growth rate down 5.9 percentage points, said Huang.