Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Panama - 2022
Contents:
- Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Panama (CIF) - 2022
- Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Panama (FOB) - 2022
- Imports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Panama
- Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Panama
Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Panama (CIF) - 2022
In 2022, the average import price for handbags with outer surface of leather, composition leather, or patent leathers amounted to $89 per unit, leveling off at the previous year. In general, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.5% 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 decreased by -6.0% against 2018 indices. The pace of growth appeared the most rapid in 2018 an increase of 59%. As a result, import price attained the peak level of $95 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 France ($1,025 per unit), while the price for the United States ($27 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.7%), while the prices for the other major suppliers experienced a decline.
Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Panama (FOB) - 2022
In 2022, the average export price for handbags with outer surface of leather, composition leather, or patent leathers amounted to $72 per unit, surging by 4.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2017 an increase of 12%. Over the period under review, the average export prices hit record highs at $76 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 export markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($77 per unit), while the average price for exports to Free Zones ($1 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 Colombia (+2.8%), while the prices for the other major destinations experienced a decline.
Imports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Panama
In 2022, after two years of decline, there was significant growth in supplies from abroad of handbags with outer surface of leather, composition leather, or patent leathers, when their volume increased by 50% to 85K units. Over the period under review, imports, however, showed a abrupt descent. Over the period under review, imports of reached the maximum at 151K units in 2019; however, from 2020 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 soared to $7.6M in 2022. Overall, imports, however, saw a deep setback. Over the period under review, imports of reached the peak figure at $14M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 2,629 | 1,407 | 1,760 | 1,844 | -11.2% |
Hong Kong SAR | 1,782 | 995 | 522 | 864 | -21.4% |
Free Zones | 599 | 85.4 | 236 | 324 | -18.5% |
United States | 909 | 312 | 35.9 | 165 | -43.4% |
Colombia | 167 | 78.8 | 124 | 160 | -1.4% |
China | 3,149 | 1,284 | 81.6 | 154 | -63.4% |
Peru | 1.5 | 4.6 | 13.0 | 132 | 344.8% |
Others | 4,510 | 1,616 | 2,320 | 3,988 | -4.0% |
Total | 13,746 | 5,783 | 5,093 | 7,630 | -17.8% |
Top Suppliers of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather to Panama in 2022:
- United States (6.2K units)
- Hong Kong SAR (5.2K units)
- China (3.3K units)
- Peru (2.4K units)
- France (1.8K units)
- Free Zones (1.7K units)
- Colombia (1.4K units)
Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Panama
For the third consecutive year, Panama recorded decline in shipments abroad of handbags with outer surface of leather, composition leather, or patent leathers, which decreased by -75% to 12 units in 2022. Overall, exports continue to indicate a significant decline. The smallest decline of -60.9% was in 2020. The exports peaked at 96K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of handbags with outer surface of leather, composition leather, or patent leathers reduced markedly to $854 in 2022. Over the period under review, exports recorded a dramatic decline. The smallest decline of -60% was in 2020. Over the period under review, the exports of hit record highs at $7.1M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Chile | 677 | 297 | 0.5 | 0.2 | -93.3% |
Colombia | 662 | 455 | 0.6 | 0.1 | -94.7% |
Bahamas | 231 | 114 | 0.2 | 0.1 | -92.4% |
Barbados | 120 | 28.4 | N/A | N/A | -76.3% |
Free Zones | 399 | 118 | N/A | N/A | -70.4% |
Bolivia | 4.6 | 2.1 | N/A | N/A | -54.3% |
Argentina | 7.6 | 3.3 | N/A | N/A | -56.6% |
Antigua and Barbuda | 1.3 | 0.4 | N/A | N/A | -69.2% |
Bermuda | N/A | N/A | N/A | N/A | 0% |
Austria | 0.4 | 0.2 | N/A | N/A | -50.0% |
British Indian Ocean Territory | 54.4 | 36.9 | 0.1 | N/A | -95.7% |
Australia | N/A | 7.1 | N/A | N/A | 0% |
Brazil | 465 | 132 | 0.1 | N/A | -98.5% |
Others | 4,454 | 1,638 | 1.8 | 0.5 | -95.2% |
Total | 7,077 | 2,832 | 3.3 | 0.9 | -95.0% |
Top Export Markets for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather from Panama in 2022:
- Colombia (2.0 units)
- Chile (2.0 units)
- Brazil (1.0 units)
- Australia (1.0 units)
- British Indian Ocean Territory (1.0 units)
- Bahamas (1.0 units)
- Austria (1.0 units)
- Bermuda (1.0 units)
- Antigua and Barbuda (1.0 units)
- Argentina (1.0 units)
- Bolivia (1.0 units)
- Free Zones (1.0 units)
- Barbados (1.0 units)
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