Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Switzerland - 2024

Contents:

  1. Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Switzerland (CIF) - 2024
  2. Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Switzerland (FOB) - 2024
  3. Imports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Switzerland
  4. Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Switzerland

Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Switzerland (CIF) - 2024

The average import price for handbags with outer surface of leather, composition leather, or patent leathers stood at $189 per unit in January 2024, reducing by -18.6% against the previous month. In general, the import price continues to indicate a mild decrease. The pace of growth was the most pronounced in August 2023 an increase of 19% month-to-month. Over the period under review, average import prices hit record highs at $276 per unit in February 2023; however, from March 2023 to January 2024, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was France ($904 per unit), while the price for China ($24.1 per unit) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Mauritius (+16.2%), 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 Switzerland (FOB) - 2024

In January 2024, the average export price for handbags with outer surface of leather, composition leather, or patent leathers amounted to $472 per unit, jumping by 38% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.4%. The pace of growth appeared the most rapid in February 2023 an increase of 38% against the previous month. The export price peaked at $539 per unit in October 2023; however, from November 2023 to January 2024, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In January 2024, the country with the highest price was Hong Kong SAR ($864 per unit), while the average price for exports to Poland ($163 per unit) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+6.7%), 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 Switzerland

In 2022, overseas purchases of handbags with outer surface of leather, composition leather, or patent leathers were finally on the rise to reach 1.2M units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a abrupt setback. Imports peaked at 1.8M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of handbags with outer surface of leather, composition leather, or patent leathers shrank to $300M in 2022. Over the period under review, imports, however, saw a abrupt descent. The smallest decline of -8.1% was in 2021. Over the period under review, imports of reached the maximum at $410M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy260231189145-17.7%
France64.553.967.478.36.7%
China16.515.116.716.70.4%
Germany13.39.310.79.3-11.2%
India14.213.68.86.7-22.1%
Spain11.47.45.16.0-19.3%
Vietnam3.64.95.45.011.6%
Indonesia1.71.72.72.818.1%
Cambodia0.71.12.22.756.8%
Turkey2.91.10.62.0-11.6%
Others20.822.423.424.55.6%
Total410362332300-9.9%

Top Suppliers of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather to Switzerland in 2022:

  1. Italy (482.1K units)
  2. China (208.9K units)
  3. India (128.0K units)
  4. France (86.4K units)
  5. Germany (47.0K units)
  6. Vietnam (31.4K units)
  7. Indonesia (28.0K units)
  8. Turkey (27.3K units)
  9. Cambodia (22.4K units)
  10. Spain (15.9K units)

Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Switzerland

In 2022, the amount of handbags with outer surface of leather, composition leather, or patent leathers exported from Switzerland contracted remarkably to 364K units, which is down by -35.3% on 2021 figures. Over the period under review, exports saw a dramatic downturn. The smallest decline of -17.2% was in 2021. Over the period under review, the exports of hit record highs at 955K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of handbags with outer surface of leather, composition leather, or patent leathers declined rapidly to $131M in 2022. Overall, exports saw a sharp descent. The smallest decline of -6.8% was in 2021. Over the period under review, the exports of reached the peak figure at $294M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy49.748.152.930.2-15.3%
France27.520.220.315.8-16.9%
Germany24.818.814.212.4-20.6%
United States41.520.114.811.6-34.6%
China20.719.916.49.8-22.1%
Hong Kong SAR20.414.312.38.7-24.7%
Japan17.69.411.85.4-32.6%
South Korea15.56.89.35.1-31.0%
United Kingdom28.015.29.15.0-43.7%
United Arab Emirates6.12.93.53.7-15.4%
Netherlands3.52.62.12.8-7.2%
Spain4.43.01.22.8-14.0%
Poland1.51.91.61.4-2.3%
Others32.720.620.316.2-20.9%
Total294204190131-23.6%

Top Export Markets for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather from Switzerland in 2022:

  1. Italy (97.4K units)
  2. Germany (51.9K units)
  3. France (46.0K units)
  4. China (22.6K units)
  5. United States (19.9K units)
  6. Japan (16.4K units)
  7. Poland (13.8K units)
  8. Spain (12.0K units)
  9. Hong Kong SAR (10.9K units)
  10. United Kingdom (10.8K units)
  11. United Arab Emirates (9.2K units)
  12. South Korea (9.2K units)
  13. Netherlands (9.1K units)

Source: IndexBox Market Intelligence Platform

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