Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Bangladesh - 2022
Contents:
- Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Bangladesh (FOB) - 2022
- Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Bangladesh (CIF) - 2022
- Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Bangladesh
- Imports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Bangladesh
Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Bangladesh (FOB) - 2022
The average export price for handbags with outer surface of leather, composition leather, or patent leathers stood at $46 per unit in 2022, shrinking by -8.2% against the previous year. In general, the export price saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 when the average export price increased by 17% against the previous year. Over the period under review, the average export prices attained the maximum at $72 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($155 per unit), while the average price for exports to Hong Kong SAR ($21 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 the Netherlands (+6.6%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Bangladesh (CIF) - 2022
In 2022, the average import price for handbags with outer surface of leather, composition leather, or patent leathers amounted to $249 per unit, reducing by -5.6% against the previous year. In general, the import price, however, posted strong growth. The pace of growth was the most pronounced in 2013 when the average import price increased by 99% against the previous year. Over the period under review, average import prices hit record highs at $264 per unit in 2021, and then declined in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($274 per unit), while the price for India ($36 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+60.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Bangladesh
In 2022, the amount of handbags with outer surface of leather, composition leather, or patent leathers exported from Bangladesh expanded remarkably to 2.2M units, picking up by 14% compared with the year before. Overall, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +9.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +100.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 76% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of handbags with outer surface of leather, composition leather, or patent leathers stood at $101M in 2022. In general, total exports indicated a pronounced increase from 2019 to 2022: its value increased at an average annual rate of +3.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.0% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 49%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 20.9 | 13.8 | 20.6 | 29.4 | 12.0% |
| China | 25.6 | 21.8 | 37.6 | 19.1 | -9.3% |
| Netherlands | 7.1 | 6.8 | 5.2 | 7.9 | 3.6% |
| Australia | 8.8 | 5.3 | 4.6 | 6.9 | -7.8% |
| United Kingdom | N/A | N/A | 0.1 | 4.1 | 4000.0% |
| Poland | 2.0 | 1.5 | 3.4 | 3.8 | 23.9% |
| Germany | 2.8 | 2.5 | 2.1 | 3.6 | 8.7% |
| Canada | 2.2 | 1.3 | 2.2 | 3.4 | 15.6% |
| Japan | 1.9 | 1.8 | 4.0 | 3.1 | 17.7% |
| Hong Kong SAR | 4.3 | 1.1 | 4.1 | 2.9 | -12.3% |
| Italy | 0.3 | 0.2 | 0.3 | 1.2 | 58.7% |
| Others | 14.6 | 8.9 | 12.6 | 15.9 | 2.9% |
| Total | 90.6 | 64.9 | 96.8 | 101 | 3.7% |
Top Export Markets for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather from Bangladesh in 2022:
- United States (868.4K units)
- Netherlands (179.4K units)
- Australia (176.5K units)
- Hong Kong SAR (140.1K units)
- China (122.7K units)
- Canada (115.6K units)
- Poland (104.4K units)
- United Kingdom (84.5K units)
- Germany (63.9K units)
- Japan (46.0K units)
- Italy (33.5K units)
Imports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Bangladesh
Imports of handbags with outer surface of leather, composition leather, or patent leathers into Bangladesh expanded sharply to 14K units in 2022, picking up by 5.1% compared with the year before. Overall, imports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 99%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of handbags with outer surface of leather, composition leather, or patent leathers declined slightly to $3.6M in 2022. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 113%. As a result, imports attained the peak of $3.6M, leveling off in the following year.
| Import of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,264 | 1,665 | 3,610 | 3,384 | 38.9% |
| Thailand | 11.4 | 1.0 | N/A | 180 | 150.9% |
| India | 9.6 | 12.0 | 11.6 | 17.2 | 21.5% |
| Others | 46.1 | 33.0 | 24.4 | 34.1 | -9.6% |
| Total | 1,331 | 1,711 | 3,646 | 3,616 | 39.5% |
Top Suppliers of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather to Bangladesh in 2022:
- China (12.4K units)
- Thailand (1.6K units)
- India (0.5K units)
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