Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Ethiopia - 2022

Contents:

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

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

In 2022, the average export price for handbags with outer surface of leather, composition leather, or patent leathers amounted to $25 per unit, shrinking by -18.9% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 18% against the previous year. The export price peaked at $38 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($33 per unit), while the average price for exports to Israel ($2.8 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 United States (+1.4%), 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 Ethiopia (CIF) - 2022

In 2022, the average import price for handbags with outer surface of leather, composition leather, or patent leathers amounted to $165 per unit, approximately reflecting the previous year. In general, the import price saw a mild expansion. The growth pace was the most rapid in 2018 when the average import price increased by 150% against the previous year. As a result, import price attained the peak level of $365 per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($2,355 per unit), while the price for the United States ($16 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+57.4%), 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 Ethiopia

In 2022, the amount of handbags with outer surface of leather, composition leather, or patent leathers exported from Ethiopia expanded modestly to 110K units, with an increase of 4.6% against 2021 figures. The total export volume increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 7.5%. Over the period under review, the exports of attained the peak figure 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 shrank significantly to $2.8M in 2022. Overall, exports, however, saw a perceptible reduction. The pace of growth was the most pronounced in 2020 with an increase of 21% against the previous year. As a result, the exports attained the peak of $3.8M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

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

1. United States (76.0K units)
2. Italy (15.1K units)
3. Israel (9.1K units)
4. Japan (2.4K units)
5. Canada (0.1K units)

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

In 2022, purchases abroad of handbags with outer surface of leather, composition leather, or patent leathers decreased by -70.7% to 1K units, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2020 with an increase of 92% against the previous year. As a result, imports attained the peak of 4.2K units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of handbags with outer surface of leather, composition leather, or patent leathers dropped markedly to $165K in 2022. In general, imports saw a precipitous curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 31%. As a result, imports attained the peak of $784K. From 2021 to 2022, the growth of imports of remained at a lower figure.

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

1. China (96.0 units)
2. Turkey (48.0 units)
3. Thailand (16.0 units)
4. India (12.0 units)
5. Vietnam (8.0 units)

Source: IndexBox Market Intelligence Platform