Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Kuwait - 2022
Contents:
- Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Kuwait (CIF) - 2022
- Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Kuwait (FOB) - 2022
- Imports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Kuwait
- Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Kuwait
Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Kuwait (CIF) - 2022
The average import price for handbags with outer surface of leather, composition leather, or patent leathers stood at $144 per unit in 2022, remaining relatively unchanged against the previous year. In general, the import price enjoyed a resilient expansion. The pace of growth was the most pronounced in 2021 when the average import price increased by 119%. The import price peaked in 2022 and is expected to retain growth in years to come.
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 ($987 per unit), while the price for Bangladesh ($11 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+12.6%), 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 Kuwait (FOB) - 2022
In 2022, the average export price for handbags with outer surface of leather, composition leather, or patent leathers amounted to $186 per unit, waning by -17.2% against the previous year. Over the period under review, the export price saw a noticeable decrease. The pace of growth was the most pronounced in 2013 an increase of 78%. The export price peaked at $639 per unit in 2014; however, from 2015 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 Italy ($604 per unit), while the average price for exports to Bahrain ($98 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 Arab Emirates (+8.1%), 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 Kuwait
In 2022, approx. 761K units of handbags with outer surface of leather, composition leather, or patent leathers were imported into Kuwait; jumping by 21% on the previous year's figure. Overall, imports, however, showed a slight shrinkage. Imports peaked at 881K units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of handbags with outer surface of leather, composition leather, or patent leathers skyrocketed to $110M in 2022. Over the period under review, imports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 56%. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the near future.
| Import of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 22.4 | 31.7 | 47.7 | 56.2 | 35.9% |
| France | 11.1 | 12.5 | 24.6 | 25.9 | 32.6% |
| China | 9.8 | 5.0 | 6.7 | 13.6 | 11.5% |
| Indonesia | 2.1 | 0.9 | 1.3 | 1.2 | -17.0% |
| India | 0.4 | 0.2 | 0.3 | 0.5 | 7.7% |
| Bangladesh | N/A | 0.2 | 0.2 | 0.2 | 0.0% |
| Others | 6.6 | 7.4 | 9.5 | 12.0 | 22.1% |
| Total | 52.5 | 57.9 | 90.3 | 110 | 28.0% |
Top Suppliers of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather to Kuwait in 2022:
- China (584.2K units)
- Italy (96.4K units)
- India (34.9K units)
- France (26.2K units)
- Indonesia (25.1K units)
- Bangladesh (19.3K units)
Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Kuwait
After three years of growth, overseas shipments of handbags with outer surface of leather, composition leather, or patent leathers decreased by -9.8% to 13K units in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +11.7% 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 +39.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 36%. Over the period under review, the exports of hit record highs at 14K units in 2021, and then dropped in the following year.
In value terms, exports of handbags with outer surface of leather, composition leather, or patent leathers declined notably to $2.4M in 2022. Overall, exports recorded a pronounced setback. The pace of growth was the most pronounced in 2021 when exports increased by 31%. As a result, the exports attained the peak of $3.2M, and then dropped remarkably in the following year.
| Export of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 744 | 410 | 1,123 | 952 | 8.6% |
| Italy | 779 | 879 | 620 | 744 | -1.5% |
| Spain | 474 | 4.7 | 152 | 300 | -14.1% |
| Switzerland | 232 | 328 | 215 | 105 | -23.2% |
| Qatar | 121 | 427 | 197 | 84.4 | -11.3% |
| Saudi Arabia | 25.0 | 1.6 | 587 | 31.0 | 7.4% |
| United Kingdom | 73.8 | 117 | 51.1 | 6.1 | -56.4% |
| Others | 126 | 257 | 227 | 146 | 5.0% |
| Total | 2,575 | 2,424 | 3,171 | 2,369 | -2.7% |
Top Export Markets for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather from Kuwait in 2022:
- United Arab Emirates (2.8K units)
- Italy (1.2K units)
- Spain (1.0K units)
- Qatar (0.9K units)
- Switzerland (0.4K units)
- Saudi Arabia (0.2K units)
- United Kingdom (0.1K units)
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