San Francisco — Elephant ivory is plummeting in value throughout China, new data shows.
Despite soaring prices for illegal ivory from 2010 to 2014, researchers Esmond Martin and Lucy Vigne report that raw ivory prices in China have fallen by half over the past 18 months — from $2,100 per kilogram to $1,100.
In their survey of eight Chinese cities – commissioned by Save the Elephants – the researchers observed that consumer demand for ivory is in apparent free-fall. China’s ivory carving factories reported a severe shortage in tusks, and government-issued IDs required to legally sell ivory had been delayed. Save the Elephants will publish Martin and Vigne’s full findings next month. The new data coincides with broader awareness and changing attitudes in China, where public knowledge of Africa’s elephant-poaching crisis doubled from 2012 to 2014, according to a March report by WildAid, Save the Elephants and African Wildlife Foundation. At the same time, the Chinese government has made progressive steps to control the illegal ivory market, culminating in President Xi Jinping’s September announcement that China and the United States would work together to halt the ivory trade.
“The ivory price collapse in China is much-needed good news for Africa’s elephants,” said WildAid CEO Peter Knights. “Though there is much work to be done, this is an essential first step in ending the poaching crisis. The banning of the market in China and the United States puts pressure on Hong Kong, Thailand and Japan to follow suit, and should encourage improved enforcement efforts in Africa, in places like Kenya and Tanzania.”
Since 2012, WildAid, Save the Elephants and African Wildlife Foundation have partnered on an extensive ivory public awareness campaign in China