Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Serbia - 2024
Contents:
- Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Serbia (FOB) - 2024
- Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Serbia (CIF) - 2024
- Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Serbia
- Imports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Serbia
Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Serbia (FOB) - 2024
The average export price for handbags with outer surface of leather, composition leather, or patent leathers stood at $65.5 per unit in December 2023, dropping by -20.5% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2023 when the average export price increased by 52% month-to-month. The export price peaked at $93.2 per unit in June 2023; however, from July 2023 to December 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In December 2023, the country with the highest price was Bosnia and Herzegovina ($84.5 per unit), while the average price for exports to Bulgaria ($16.8 per unit) was amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+0.8%), 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 Serbia (CIF) - 2024
The average import price for handbags with outer surface of leather, composition leather, or patent leathers stood at $44.5 per unit in December 2023, which is down by -33.2% against the previous month. In general, the import price, however, saw temperate growth. The pace of growth appeared the most rapid in August 2023 when the average import price increased by 145% month-to-month. Over the period under review, average import prices hit record highs at $96.3 per unit in May 2023; however, from June 2023 to December 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Italy ($141 per unit), while the price for Tunisia ($9.4 per unit) was amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was attained by France (+20.1%), 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 Serbia
In 2022, exports of handbags with outer surface of leather, composition leather, or patent leathers from Serbia skyrocketed to 61K units, rising by 24% on 2021. In general, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +12.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.5% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of handbags with outer surface of leather, composition leather, or patent leathers skyrocketed to $3.3M in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +18.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.2% against 2019 indices. 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 Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 997 | 1,202 | 1,391 | 2,073 | 27.6% |
| Montenegro | 265 | 225 | 238 | 358 | 10.5% |
| Croatia | 127 | 159 | 184 | 245 | 24.5% |
| North Macedonia | 210 | 177 | 197 | 222 | 1.9% |
| Germany | 175 | 105 | 71.8 | 58.2 | -30.7% |
| Romania | 18.7 | 29.8 | 26.3 | 19.7 | 1.8% |
| Others | 198 | 123 | 129 | 351 | 21.0% |
| Total | 1,990 | 2,020 | 2,237 | 3,327 | 18.7% |
Top Export Markets for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather from Serbia in 2022:
- Bosnia and Herzegovina (33.3K units)
- Croatia (7.6K units)
- Montenegro (7.3K units)
- North Macedonia (4.9K units)
- Germany (2.5K units)
- Romania (1.3K units)
Imports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Serbia
In 2022, imports of handbags with outer surface of leather, composition leather, or patent leathers into Serbia dropped to 105K units, with a decrease of -9.7% compared with 2021. The total import volume increased at an average annual rate of +4.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 43% against the previous year. As a result, imports reached the peak of 116K units, and then fell in the following year.
In value terms, imports of handbags with outer surface of leather, composition leather, or patent leathers rose sharply to $3.3M in 2022. In general, imports, however, recorded a resilient increase. The pace of growth was the most pronounced in 2021 when imports increased by 75%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.
| Import of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 660 | 530 | 989 | 1,263 | 24.2% |
| China | 502 | 361 | 671 | 593 | 5.7% |
| Turkey | 78.4 | 94.1 | 97.5 | 224 | 41.9% |
| India | 159 | 107 | 162 | 196 | 7.2% |
| North Macedonia | 61.5 | 74.8 | 254 | 184 | 44.1% |
| Croatia | 32.0 | 30.7 | 44.9 | 37.5 | 5.4% |
| France | 8.4 | 5.3 | 55.4 | 37.3 | 64.4% |
| Netherlands | 1.2 | 4.1 | 13.2 | 22.1 | 164.1% |
| Hong Kong SAR | 66.3 | 34.2 | 21.5 | 8.4 | -49.8% |
| Others | 509 | 443 | 642 | 696 | 11.0% |
| Total | 2,078 | 1,684 | 2,951 | 3,261 | 16.2% |
Top Suppliers of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather to Serbia in 2022:
- Turkey (31.0K units)
- China (21.5K units)
- Italy (16.7K units)
- North Macedonia (14.4K units)
- Netherlands (2.8K units)
- France (2.8K units)
- India (2.7K units)
- Croatia (1.3K units)
- Hong Kong SAR (0.6K units)
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