Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Belgium - 2023

Contents:

  1. Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Belgium (CIF) - 2022
  2. Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Belgium (FOB) - 2022
  3. Imports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Belgium
  4. Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Belgium

Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Belgium (CIF) - 2022

The average import price for handbags with outer surface of leather, composition leather, or patent leathers stood at $54 per unit in 2022, declining by -1.9% against the previous year. In general, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for handbags with outer surface of leather, composition leather, or patent leathers increased by +12.8% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 49%. The import price peaked at $74 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($323 per unit), while the price for China ($16 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Belgium (FOB) - 2022

In 2022, the average export price for handbags with outer surface of leather, composition leather, or patent leathers amounted to $42 per unit, which is down by -50% against the previous year. Overall, the export price, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 346%. Over the period under review, the average export prices hit record highs at $322 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($265 per unit), while the average price for exports to Germany ($19 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 UK (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Belgium

In 2022, purchases abroad of handbags with outer surface of leather, composition leather, or patent leathers decreased by -11.5% to 1.9M units, falling for the second consecutive year after two years of growth. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +14.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -16.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 80% against the previous year. As a result, imports reached the peak of 2.3M units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of handbags with outer surface of leather, composition leather, or patent leathers contracted to $103M in 2022. The total import value increased at an average annual rate of +3.6% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 17%. Over the period under review, imports of hit record highs at $119M in 2021, and then contracted in the following year.

Import of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France57.545.954.044.7-8.1%
Italy10.511.111.011.84.0%
China4.011.710.410.939.7%
Germany1.68.39.38.473.8%
Netherlands8.06.57.87.9-0.4%
India2.82.34.04.920.5%
Romania1.42.43.22.622.9%
Others6.820.719.211.920.5%
Total92.71091191033.6%

Top Suppliers of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather to Belgium in 2022:

  1. China (675.0K units)
  2. Netherlands (271.4K units)
  3. Italy (243.4K units)
  4. India (165.1K units)
  5. France (138.3K units)
  6. Romania (98.3K units)
  7. Germany (95.5K units)

Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Belgium

In 2022, overseas shipments of handbags with outer surface of leather, composition leather, or patent leathers decreased by -4.3% to 1.2M units, falling for the second consecutive year after two years of growth. In general, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 416% against the previous year. As a result, the exports attained the peak of 1.4M units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of handbags with outer surface of leather, composition leather, or patent leathers declined dramatically to $49M in 2022. Overall, exports, however, recorded a resilient increase. The growth pace was the most rapid in 2021 with an increase of 58%. As a result, the exports reached the peak of $103M, and then declined dramatically in the following year.

Export of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France11.420.520.213.25.0%
Canada0.1N/A15.69.2351.4%
Germany1.35.48.56.974.4%
Netherlands0.41.42.22.481.7%
Poland0.91.92.22.336.7%
Italy5.46.56.21.8-30.7%
United Kingdom5.15.62.00.9-43.9%
China0.78.414.80.98.7%
Japan7.54.84.20.9-50.7%
Romania0.51.11.70.711.9%
Others8.29.525.410.06.8%
Total41.765.110349.35.7%

Top Export Markets for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather from Belgium in 2022:

  1. Germany (367.8K units)
  2. France (353.9K units)
  3. Poland (56.0K units)
  4. Netherlands (52.1K units)
  5. Canada (34.7K units)
  6. Italy (30.2K units)
  7. Romania (20.4K units)
  8. China (6.2K units)
  9. Japan (5.5K units)
  10. United Kingdom (5.4K units)

Source: IndexBox Market Intelligence Platform

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