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Finland - Luggage And Handbags - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLuggage Price in Finland - 2023
Contents:
- Luggage Price in Finland (CIF) - 2023
- Luggage Price in Finland (FOB) - 2023
- Luggage Imports in Finland
- Luggage Exports in Finland
Luggage Price in Finland (CIF) - 2023
The average luggage import price stood at $37.9 per unit in July 2023, increasing by 12% against the previous month. In general, import price indicated modest growth from July 2022 to July 2023: its price increased at an average monthly rate of +1.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, luggage import price decreased by -21.2% against December 2022 indices. The most prominent rate of growth was recorded in November 2022 an increase of 44% against the previous month. Over the period under review, average import prices attained the maximum at $48.1 per unit in December 2022; however, from January 2023 to July 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($85.5 per unit), while the price for Poland ($14.9 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Belgium (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Luggage Price in Finland (FOB) - 2023
The average luggage export price stood at $88.7 per unit in July 2023, reducing by -12.4% against the previous month. Overall, export price indicated a tangible increase from July 2022 to July 2023: its price increased at an average monthly rate of +2.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, luggage export price decreased by -30.9% against May 2023 indices. The growth pace was the most rapid in November 2022 when the average export price increased by 49% m-o-m. The export price peaked at $128 per unit in May 2023; however, from June 2023 to July 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was France ($164 per unit), while the average price for exports to Poland ($20.6 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+14.1%), while the prices for the other major destinations experienced more modest paces of growth.
Luggage Imports in Finland
In 2022, purchases abroad of luggage and handbags increased by 22% to 1.3M units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a abrupt setback. Over the period under review, imports attained the maximum at 2.3M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, luggage imports rose markedly to $48M in 2022. In general, imports, however, saw a abrupt shrinkage. Over the period under review, imports attained the peak figure at $58M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Luggage in Finland (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 26.7 | 8.1 | 6.3 | 8.1 | -32.8% |
France | 1.1 | 5.8 | 8.3 | 7.5 | 89.6% |
Netherlands | 0.8 | 5.6 | 4.4 | 4.7 | 80.4% |
Italy | 5.2 | 3.2 | 4.0 | 4.5 | -4.7% |
Sweden | 1.8 | 6.6 | 6.4 | 4.5 | 35.7% |
Belgium | 1.3 | 1.6 | 1.7 | 3.8 | 43.0% |
Germany | 1.1 | 2.4 | 2.7 | 3.2 | 42.8% |
Estonia | 3.4 | 3.1 | 2.6 | 1.7 | -20.6% |
Denmark | 1.0 | 1.1 | 1.1 | 1.7 | 19.3% |
India | 4.3 | 1.1 | 0.7 | 1.3 | -32.9% |
Poland | 0.2 | 0.7 | 0.5 | 1.1 | 76.5% |
Others | 11.6 | 5.7 | 4.4 | 5.5 | -22.0% |
Total | 58.4 | 45.0 | 43.3 | 47.5 | -6.7% |
Top Suppliers of Luggage to Finland in 2022:
- China (418.2K units)
- Sweden (181.2K units)
- Belgium (180.7K units)
- Netherlands (99.0K units)
- Germany (89.5K units)
- Italy (64.4K units)
- Estonia (53.9K units)
- Denmark (51.9K units)
- India (45.9K units)
- Poland (43.7K units)
- France (22.8K units)
Luggage Exports in Finland
Luggage exports from Finland soared to 213K units in 2022, picking up by 25% compared with the previous year. Over the period under review, exports, however, saw a drastic downturn. The exports peaked at 249K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, luggage exports contracted to $16M in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 24% against the previous year. As a result, the exports attained the peak of $17M, and then contracted in the following year.
Export of Luggage in Finland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 3,476 | 2,644 | 2,811 | 2,718 | -7.9% |
Macao SAR | N/A | N/A | 1,257 | 1,560 | 24.1% |
Sweden | 1,816 | 1,861 | 2,585 | 1,345 | -9.5% |
Germany | 532 | 967 | 671 | 1,143 | 29.0% |
Italy | 289 | 433 | 1,109 | 1,055 | 54.0% |
Estonia | 762 | 728 | 1,099 | 871 | 4.6% |
France | 684 | 1,761 | 1,039 | 806 | 5.6% |
Russia | 2,115 | 248 | 404 | 789 | -28.0% |
Hong Kong SAR | 320 | 431 | 869 | 590 | 22.6% |
Latvia | 581 | 385 | 412 | 425 | -9.9% |
India | 17.9 | 1.1 | 145 | 275 | 148.6% |
Belarus | N/A | 0.2 | 1.7 | 222 | 3231.7% |
Kyrgyzstan | N/A | 0.7 | 8.6 | 65.4 | 866.6% |
Others | 5,466 | 4,483 | 4,916 | 4,341 | -7.4% |
Total | 16,060 | 13,942 | 17,329 | 16,204 | 0.3% |
Top Export Markets for Luggage from Finland in 2022:
- Russia (39.1K units)
- Estonia (25.9K units)
- Japan (22.2K units)
- Sweden (19.4K units)
- Germany (12.1K units)
- Kyrgyzstan (7.5K units)
- Italy (7.5K units)
- India (6.9K units)
- Belarus (6.6K units)
- Latvia (6.4K units)
- Macao SAR (5.7K units)
- France (4.6K units)
- Hong Kong SAR (4.6K units)
This report provides an in-depth analysis of the luggage market in Finland. 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:
- Finland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Finland
- 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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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.
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