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Australia - Luggage And Handbags - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLuggage Price in Australia - 2023
Contents:
- Luggage Price in Australia (CIF) - 2023
- Luggage Price in Australia (FOB) - 2022
- Luggage Imports in Australia
- Luggage Exports in Australia
Luggage Price in Australia (CIF) - 2023
In August 2023, the average luggage import price amounted to $15.0 per unit, shrinking by -8.7% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in October 2022 an increase of 21% m-o-m. Over the period under review, average import prices reached the maximum at $22.0 per unit in December 2022; however, from January 2023 to August 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In August 2023, the country with the highest price was India ($9.3 per unit), while the price for China ($6.5 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 China (+0.3%), while the prices for the other major suppliers experienced a decline.
Luggage Price in Australia (FOB) - 2022
The average luggage export price stood at $86 per unit in 2022, falling by -16.2% against the previous year. Overall, the export price, however, recorded a buoyant increase. The growth pace was the most rapid in 2020 when the average export price increased by 90% against the previous year. As a result, the export price reached the peak level of $112 per unit. From 2021 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($266 per unit), while the average price for exports to the Netherlands ($26 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 China (+26.8%), while the prices for the other major destinations experienced more modest paces of growth.
Luggage Imports in Australia
In 2022, the amount of luggage and handbags imported into Australia skyrocketed to 23M units, growing by 63% compared with 2021 figures. In general, imports, however, saw a mild decline. Imports peaked at 24M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, luggage imports surged to $941M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.2% 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 +74.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Luggage in Australia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 204 | 181 | 204 | 274 | 10.3% |
China | 222 | 123 | 150 | 257 | 5.0% |
France | 127 | 133 | 168 | 224 | 20.8% |
India | 20.9 | 15.9 | 21.9 | 29.5 | 12.2% |
Spain | 27.3 | 18.0 | 17.8 | 29.0 | 2.0% |
Vietnam | 15.4 | 18.5 | 18.1 | 24.5 | 16.7% |
United States | 7.5 | 7.5 | 9.6 | 15.4 | 27.1% |
Hungary | 7.3 | 2.9 | N/A | 6.1 | -5.8% |
Others | 52.5 | 37.4 | 53.4 | 82.2 | 16.1% |
Total | 684 | 538 | 642 | 941 | 11.2% |
Top Suppliers of Luggage to Australia in 2022:
- China (11.8M units)
- France (3.5M units)
- Italy (3.2M units)
- India (0.6M units)
- United States (0.6M units)
- Vietnam (0.4M units)
- Hungary (0.4M units)
- Spain (0.3M units)
Luggage Exports in Australia
In 2022, luggage exports from Australia soared to 612K units, with an increase of 62% compared with the year before. Over the period under review, exports saw buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, luggage exports soared to $53M in 2022. Overall, exports recorded a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 45%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
Export of Luggage in Australia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 6.3 | 7.6 | 10.3 | 13.9 | 30.2% |
New Zealand | 6.7 | 4.2 | 6.3 | 9.7 | 13.1% |
Hong Kong SAR | 2.6 | 5.2 | 5.4 | 7.2 | 40.4% |
Italy | 0.5 | 4.9 | 4.0 | 5.2 | 118.3% |
China | 0.9 | 3.4 | 1.9 | 2.8 | 46.0% |
United States | 0.9 | 1.4 | 1.5 | 2.3 | 36.7% |
Japan | 0.5 | 0.8 | 0.9 | 1.4 | 40.9% |
Netherlands | 0.1 | 0.1 | 0.8 | 0.8 | 100.0% |
United Arab Emirates | 0.1 | 0.1 | 0.6 | 0.8 | 100.0% |
Papua New Guinea | 0.4 | 0.2 | 0.3 | 0.5 | 7.7% |
Others | 3.6 | 4.9 | 6.8 | 8.0 | 30.5% |
Total | 22.6 | 32.7 | 38.7 | 52.7 | 32.6% |
Top Export Markets for Luggage from Australia in 2022:
- New Zealand (200.3K units)
- Hong Kong SAR (105.2K units)
- Singapore (52.1K units)
- United States (45.8K units)
- Netherlands (32.6K units)
- Italy (25.0K units)
- United Arab Emirates (24.2K units)
- China (22.7K units)
- Japan (18.0K units)
- Papua New Guinea (11.8K units)
This report provides an in-depth analysis of the luggage market in Australia. 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 15121210 - Trunks, suitcases, vanity cases, briefcases, school satchels and similar containers of leather, composition leather, patent leather, plastics, textile materials, aluminium or other materials
- Prodcom 15121220 - Handbags of leather, composition leather, patent leather, p lastic sheeting, textile materials or other materials (including those without a handle)
- Prodcom 15121270 - Travel sets for personal toilet, sewing, or shoe or clothes cleaning (excluding manicure sets)
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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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Luggage imports reached a peak in 2023 and are projected to continue growing in the coming years, with import value decreasing to $852M in 2023.
In April 2023, the luggage price amounted to $19.2 per unit (CIF, Australia), waning by -9.8% against the previous month.
Handbag imports reached their highest point in August 2022, with 2.9 million units. However, from September 2022 to August 2023, imports remained at a slightly lower level. In terms of value, handbag imports decreased to $50 million in August 2023.
Explore the top import markets for luggage and their key statistics. Discover the leading countries and their import values for 2022. Learn how IndexBox market intelligence platform can provide valuable insights.
Global luggage imports stood at X tons in 2016, leveling off at the previous year figure. In general, luggage imports continue to indicate a relatively flat trend pattern. The pace of growth was ...
Global luggage imports stood at X tons in 2016, leveling off at the previous year figure. In general, luggage imports continue to indicate a relatively flat trend pattern. The pace of growth was ...
Explore the top import markets for handbags across the globe, including China, the United States, France, Italy, and more. Discover the key players in the global handbag industry.
The global handbag market revenue amounted to $X in 2017, growing by X% against the previous year. This figure reflects...
Luggage imports reached a peak in 2023 and are projected to continue growing in the coming years, with import value decreasing to $852M in 2023.
In April 2023, the luggage price amounted to $19.2 per unit (CIF, Australia), waning by -9.8% against the previous month.