Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Mexico - 2023
Contents:
- Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Mexico (CIF) - 2022
- Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Mexico (FOB) - 2023
- Imports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Mexico
- Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Mexico
Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Mexico (CIF) - 2022
In 2022, the average import price for handbags with outer surface of leather, composition leather, or patent leathers amounted to $101 per unit, with a decrease of -45.4% against the previous year. Over the period under review, the import price, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 104% against the previous year. The import price peaked at $185 per unit in 2021, and then reduced markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($617 per unit), while the price for India ($25 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+24.3%), 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 Mexico (FOB) - 2023
The average export price for handbags with outer surface of leather, composition leather, or patent leathers stood at $32.6 per unit in December 2023, shrinking by -5.4% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in January 2023 when the average export price increased by 16% month-to-month. The export price peaked at $37.8 per unit in March 2023; however, from April 2023 to December 2023, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From December 2022 to December 2023, the rate of growth in terms of prices for the United States amounted to +0.1% per month.
Imports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Mexico
In 2022, the amount of handbags with outer surface of leather, composition leather, or patent leathers imported into Mexico skyrocketed to 1.3M units, growing by 240% on the previous year. Over the period under review, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of handbags with outer surface of leather, composition leather, or patent leathers skyrocketed to $130M in 2022. Overall, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 34.5 | 23.3 | 34.1 | 53.5 | 15.7% |
| Cambodia | 0.6 | 0.3 | 0.7 | 12.7 | 176.6% |
| China | 4.6 | 2.8 | 7.9 | 12.7 | 40.3% |
| Spain | 6.3 | 4.1 | 6.3 | 8.7 | 11.4% |
| Vietnam | 2.1 | 1.0 | 0.8 | 7.4 | 52.2% |
| Philippines | 0.5 | 0.1 | 0.2 | 3.1 | 83.7% |
| Indonesia | 0.7 | 0.7 | 0.3 | 2.8 | 58.7% |
| India | 1.3 | 0.6 | 0.8 | 2.2 | 19.2% |
| Others | 17.3 | 11.0 | 19.2 | 27.0 | 16.0% |
| Total | 67.9 | 44.1 | 70.2 | 130 | 24.2% |
Top Suppliers of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather to Mexico in 2022:
- China (363.3K units)
- Cambodia (313.2K units)
- Vietnam (194.2K units)
- India (88.6K units)
- Philippines (87.5K units)
- Italy (86.8K units)
- Indonesia (75.1K units)
- Spain (29.6K units)
Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Mexico
For the fourth consecutive year, Mexico recorded growth in shipments abroad of handbags with outer surface of leather, composition leather, or patent leathers, which increased by 99% to 1.6M units in 2022. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 105% 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 soared to $57M in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 11.1 | 13.5 | 27.3 | 57.4 | 72.9% |
| Others | 2.4 | 0.9 | 0.1 | N/A | -79.6% |
| Total | 13.5 | 14.5 | 27.3 | 57.4 | 62.0% |
Top Export Markets for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather from Mexico in 2022:
- United States (1646.8K units)
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