Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Finland - 2023
Contents:
- Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Finland (CIF) - 2022
- Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Finland (FOB) - 2022
- Imports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Finland
- Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Finland
Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Finland (CIF) - 2022
In 2022, the average import price for handbags with outer surface of leather, composition leather, or patent leathers amounted to $72 per unit, reducing by -5.9% against the previous year. Overall, the import price, however, saw a strong increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 536% against the previous year. As a result, import price attained the peak level of $404 per unit. From 2020 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 France ($304 per unit), while the price for India ($17 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+21.2%), 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 Finland (FOB) - 2022
The average export price for handbags with outer surface of leather, composition leather, or patent leathers stood at $57 per unit in 2022, which is down by -43.6% against the previous year. Over the period under review, the export price showed a pronounced decline. The pace of growth appeared the most rapid in 2019 an increase of 315%. As a result, the export price attained the peak level of $310 per unit. From 2020 to 2022, the average 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 France ($116 per unit), while the average price for exports to Kyrgyzstan ($5.8 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 France (+11.5%), 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 Finland
For the fourth year in a row, Finland recorded growth in purchases abroad of handbags with outer surface of leather, composition leather, or patent leathers, which increased by 20% to 218K units in 2022. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 364% against the previous year. Over the period under review, imports of hit record highs 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 totaled $16M in 2022. The total import value increased at an average annual rate of +3.0% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 16%. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 0.8 | 2.8 | 4.2 | 5.8 | 93.5% |
| Netherlands | 0.1 | 1.9 | 1.6 | 2.3 | 184.4% |
| Italy | 3.5 | 1.7 | 1.7 | 2.3 | -13.1% |
| India | 2.8 | 0.8 | 0.6 | 1.0 | -29.1% |
| Hungary | 0.3 | 0.4 | 0.7 | 1.0 | 49.4% |
| Denmark | N/A | 0.3 | 0.4 | 0.6 | 41.4% |
| China | 2.4 | 0.7 | 1.1 | 0.6 | -37.0% |
| Sweden | 0.1 | 1.8 | 1.6 | 0.4 | 58.7% |
| Others | 4.2 | 1.6 | 1.8 | 1.7 | -26.0% |
| Total | 14.3 | 11.9 | 13.8 | 15.6 | 2.9% |
Top Suppliers of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather to Finland in 2022:
- India (54.8K units)
- Hungary (35.0K units)
- Netherlands (32.1K units)
- China (20.1K units)
- France (19.1K units)
- Denmark (17.6K units)
- Italy (14.2K units)
- Sweden (5.8K units)
Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Finland
For the fourth consecutive year, Finland recorded growth in shipments abroad of handbags with outer surface of leather, composition leather, or patent leathers, which increased by 100% to 77K units in 2022. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 168% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of handbags with outer surface of leather, composition leather, or patent leathers rose markedly to $4.4M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +11.9% 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 +52.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 35% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 40.7 | 49.7 | 320 | 868 | 177.3% |
| Sweden | 710 | 797 | 933 | 576 | -6.7% |
| Estonia | 372 | 268 | 347 | 457 | 7.1% |
| Germany | 22.2 | 142 | 124 | 386 | 159.1% |
| Macao SAR | N/A | N/A | 134 | 356 | 165.7% |
| Japan | 193 | 214 | 140 | 314 | 17.6% |
| Latvia | 401 | 271 | 270 | 297 | -9.5% |
| Belarus | N/A | N/A | N/A | 137 | 0% |
| Hong Kong SAR | 115 | 194 | 280 | 83.9 | -10.0% |
| Norway | 102 | 64.3 | 36.0 | 64.8 | -14.0% |
| Australia | 49.3 | 53.7 | 34.2 | 61.2 | 7.5% |
| Russia | 111 | 73.0 | 25.5 | 56.2 | -20.3% |
| Kyrgyzstan | N/A | N/A | N/A | 26.1 | 0% |
| Others | 1,022 | 765 | 1,264 | 714 | -11.3% |
| Total | 3,139 | 2,891 | 3,906 | 4,398 | 11.9% |
Top Export Markets for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather from Finland in 2022:
- Sweden (12.3K units)
- Estonia (7.6K units)
- France (7.5K units)
- Macao SAR (6.5K units)
- Japan (6.0K units)
- Germany (5.1K units)
- Latvia (4.9K units)
- Kyrgyzstan (4.5K units)
- Belarus (3.4K units)
- Norway (1.6K units)
- Australia (1.2K units)
- Russia (1.1K units)
- Hong Kong SAR (0.5K units)
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