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Pakistan - Luggage And Handbags - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLuggage Price in Pakistan - 2023
Contents:
- Luggage Price in Pakistan (FOB) - 2022
- Luggage Price in Pakistan (CIF) - 2023
- Luggage Exports in Pakistan
- Luggage Imports in Pakistan
Luggage Price in Pakistan (FOB) - 2022
In 2022, the average luggage export price amounted to $267 per unit, jumping by 27% against the previous year. In general, the export price saw significant growth. The most prominent rate of growth was recorded in 2020 an increase of 228% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($587 per unit), while the average price for exports to Oman ($2.4 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 (+29.3%), while the prices for the other major destinations experienced more modest paces of growth.
Luggage Price in Pakistan (CIF) - 2023
In February 2023, the average luggage import price amounted to $2.1 per unit, falling by -15.4% against the previous month. In general, the import price showed a noticeable curtailment. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 73% m-o-m. As a result, import price attained the peak level of $6.1 per unit. From November 2022 to February 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was China ($2.2 per unit), while the price for the United States ($646 per thousand units) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by Australia (+5.3%), while the prices for the other major suppliers experienced a decline.
Luggage Exports in Pakistan
In 2022, luggage exports from Pakistan declined modestly to 113K units, stabilizing at the previous year's figure. Overall, exports continue to indicate a precipitous setback. Over the period under review, the exports hit record highs at 469K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, luggage exports soared to $30M in 2022. The total export value increased at an average annual rate of +5.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Luggage in Pakistan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 6.3 | 5.2 | 6.3 | 8.0 | 8.3% |
United States | 1.9 | 3.6 | 3.9 | 4.4 | 32.3% |
United Kingdom | 2.9 | 1.7 | 1.7 | 2.5 | -4.8% |
Australia | 2.0 | 1.5 | 1.9 | 2.4 | 6.3% |
Italy | 2.5 | 1.3 | 1.6 | 2.2 | -4.2% |
China | 0.8 | 0.9 | 0.9 | 1.2 | 14.5% |
Spain | 0.8 | 0.7 | 0.6 | 0.9 | 4.0% |
Brazil | 0.8 | 0.8 | 0.7 | 0.6 | -9.1% |
Japan | 0.7 | 0.7 | 0.4 | 0.6 | -5.0% |
South Korea | 0.6 | 0.4 | 0.4 | 0.6 | 0.0% |
United Arab Emirates | 0.2 | 0.1 | 0.3 | 0.4 | 26.0% |
Mexico | 0.5 | 0.3 | 0.2 | 0.3 | -15.7% |
Oman | N/A | N/A | N/A | N/A | 0% |
Others | 5.7 | 5.9 | 5.2 | 6.1 | 2.3% |
Total | 25.8 | 23.2 | 24.1 | 30.1 | 5.3% |
Top Export Markets for Luggage from Pakistan in 2022:
- United Arab Emirates (27.0K units)
- Germany (23.4K units)
- United States (15.0K units)
- United Kingdom (11.1K units)
- Italy (4.5K units)
- Australia (4.0K units)
- Oman (3.5K units)
- Spain (2.6K units)
- Brazil (2.1K units)
- China (2.1K units)
- Japan (1.4K units)
- South Korea (0.8K units)
- Mexico (0.4K units)
Luggage Imports in Pakistan
In 2022, the amount of luggage and handbags imported into Pakistan reduced to 743K units, waning by -8.7% against 2021. In general, imports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 42%. Over the period under review, imports reached the peak figure at 1.1M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, luggage imports contracted dramatically to $15M in 2022. Over the period under review, imports recorded a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 35% against the previous year. Imports peaked at $22M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Luggage in Pakistan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 18.8 | 11.3 | 15.0 | 12.9 | -11.8% |
United Arab Emirates | 1.2 | 0.5 | 1.2 | 1.0 | -5.9% |
Others | 2.3 | 1.6 | 1.8 | 1.1 | -21.8% |
Total | 22.3 | 13.3 | 17.9 | 15.0 | -12.4% |
Top Suppliers of Luggage to Pakistan in 2022:
- China (576.0K units)
- United Arab Emirates (126.9K units)
This report provides an in-depth analysis of the luggage market in Pakistan. 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:
- Pakistan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Pakistan
- 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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This report provides an in-depth analysis of the luggage market in Pakistan.
This report provides an in-depth analysis of the suitcase market in Pakistan.
This report provides an in-depth analysis of the handbag market in Pakistan.
This report provides an in-depth analysis of the global luggage market.
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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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