Italy - Handbags - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHandbag Price in Italy - 2023
Contents:
- Handbag Price in Italy (FOB) - 2022
- Handbag Price in Italy (CIF) - 2023
- Handbag Exports in Italy
- Handbag Imports in Italy
Handbag Price in Italy (FOB) - 2022
The average handbag export price stood at $169 per unit in 2022, rising by 13% against the previous year. Over the last decade, it increased at an average annual rate of +3.8%. The growth pace was the most rapid in 2020 an increase of 27%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($520 per unit), while the average price for exports to Greece ($22 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.
Handbag Price in Italy (CIF) - 2023
The average handbag import price stood at $36.3 per unit in August 2023, with an increase of 9.1% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.9%. The pace of growth was the most pronounced in June 2023 when the average import price increased by 22% against the previous month. As a result, import price reached the peak level of $50.3 per unit. From July 2023 to August 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($431 per unit), while the price for India ($8.4 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Greece (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Handbag Exports in Italy
Handbag exports from Italy declined to 47M units in 2022, dropping by -7.1% against the previous year. In general, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. The exports peaked at 58M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, handbag exports expanded significantly to $7.9B in 2022. The total export value increased at an average annual rate of +3.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 29% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Handbag in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Switzerland | 2,495 | 1,884 | 2,210 | 1,714 | -11.8% |
France | 793 | 761 | 1,008 | 1,244 | 16.2% |
United States | 470 | 333 | 612 | 863 | 22.5% |
South Korea | 411 | 432 | 559 | 662 | 17.2% |
China | 362 | 412 | 552 | 583 | 17.2% |
Japan | 357 | 302 | 377 | 458 | 8.7% |
Germany | 263 | 237 | 324 | 357 | 10.7% |
United Kingdom | 332 | 263 | 201 | 248 | -9.3% |
Spain | 119 | 73.7 | 105 | 124 | 1.4% |
United Arab Emirates | 174 | 146 | 261 | 111 | -13.9% |
Poland | 37.2 | 46.6 | 83.4 | 82.8 | 30.6% |
Russia | 74.1 | 61.6 | 90.8 | 63.5 | -5.0% |
Greece | 24.7 | 16.9 | 26.4 | 29.0 | 5.5% |
Others | 1,262 | 883 | 1,122 | 1,398 | 3.5% |
Total | 7,174 | 5,851 | 7,532 | 7,939 | 3.4% |
Top Export Markets for Handbag from Italy in 2022:
- France (7.1M units)
- Switzerland (6.3M units)
- Germany (5.4M units)
- United States (3.4M units)
- Spain (2.6M units)
- Poland (2.0M units)
- United Kingdom (1.7M units)
- Japan (1.7M units)
- Russia (1.6M units)
- Greece (1.3M units)
- South Korea (1.3M units)
- China (1.2M units)
- United Arab Emirates (0.9M units)
Handbag Imports in Italy
In 2022, approx. 159M units of handbags were imported into Italy; increasing by 59% compared with 2021. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +10.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.5% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, handbag imports skyrocketed to $2.1B in 2022. The total import value increased at an average annual rate of +5.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Handbag in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 548 | 510 | 559 | 747 | 10.9% |
China | 386 | 258 | 352 | 465 | 6.4% |
Spain | 56.6 | 75.3 | 81.4 | 129 | 31.6% |
Myanmar | 13.1 | 14.7 | 35.1 | 82.8 | 84.9% |
Netherlands | 123 | 119 | 106 | 81.1 | -13.0% |
Vietnam | 29.8 | 23.2 | 41.5 | 47.0 | 16.4% |
India | 48.8 | 31.4 | 20.3 | 30.5 | -14.5% |
Others | 620 | 560 | 600 | 565 | -3.0% |
Total | 1,825 | 1,591 | 1,795 | 2,147 | 5.6% |
Top Suppliers of Handbag to Italy in 2022:
- China (75.9M units)
- Myanmar (28.0M units)
- Vietnam (17.3M units)
- Spain (12.3M units)
- India (9.4M units)
- France (3.0M units)
- Netherlands (1.8M units)
This report provides an in-depth analysis of the handbag market in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 15121220 - Handbags of leather, composition leather, patent leather, p lastic sheeting, textile materials or other materials (including those without a handle)
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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