Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in the United States - 2024
Contents:
- Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in the United States (CIF) - 2022
- Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in the United States (FOB) - 2022
- Imports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in the United States
- Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in the United States
Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in the United States (CIF) - 2022
The average import price for handbags with outer surface of leather, composition leather, or patent leathers stood at $83 per unit in 2022, approximately mirroring the previous year. Overall, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.0% 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 increased by +62.5% against 2012 indices. The most prominent rate of growth was recorded in 2021 an increase of 26%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($345 per unit), while the price for India ($24 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cambodia (+8.0%), 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 the United States (FOB) - 2022
The average export price for handbags with outer surface of leather, composition leather, or patent leathers stood at $81 per unit in 2022, waning by -5.6% against the previous year. In general, the export price, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 an increase of 34% against the previous year. As a result, the export price attained the peak level of $85 per unit, and then contracted in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($215 per unit), while the average price for exports to Panama ($21 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 Mexico (+11.8%), 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 the United States
In 2022, the amount of handbags with outer surface of leather, composition leather, or patent leathers imported into the United States surged to 33M units, picking up by 19% compared with the previous year. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of handbags with outer surface of leather, composition leather, or patent leathers surged to $2.8B in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +11.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 53%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 719 | 554 | 1,024 | 1,153 | 17.0% |
| Vietnam | 239 | 204 | 174 | 224 | -2.1% |
| Cambodia | 125 | 117 | 158 | 220 | 20.7% |
| China | 210 | 73.9 | 99.2 | 122 | -16.6% |
| India | 63.0 | 41.3 | 64.4 | 92.3 | 13.6% |
| Philippines | 101 | 72.0 | 67.4 | 87.8 | -4.6% |
| Indonesia | 84.8 | 54.9 | 62.7 | 74.5 | -4.2% |
| Mexico | 13.6 | 14.3 | 23.9 | 46.2 | 50.3% |
| Bangladesh | 20.9 | 13.4 | 19.2 | 28.0 | 10.2% |
| Others | 428 | 349 | 591 | 706 | 18.2% |
| Total | 2,004 | 1,493 | 2,284 | 2,754 | 11.2% |
Top Suppliers of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather to the United States in 2022:
- Cambodia (6.9M units)
- Vietnam (6.2M units)
- China (4.1M units)
- India (3.8M units)
- Italy (3.3M units)
- Philippines (2.6M units)
- Indonesia (2.5M units)
- Bangladesh (1.0M units)
- Mexico (1.0M units)
Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in the United States
After two years of decline, shipments abroad of handbags with outer surface of leather, composition leather, or patent leathers increased by 38% to 2.9M units in 2022. Over the period under review, exports, however, recorded a abrupt decline. Over the period under review, the exports of attained the peak figure at 4.3M 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 skyrocketed to $238M in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +5.2% 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 +57.2% against 2020 indices. As a result, the exports attained 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 the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 91.4 | 59.6 | 86.0 | 102 | 3.7% |
| Barbados | 0.2 | N/A | 0.1 | 30.3 | 433.1% |
| China | 29.0 | 19.2 | 19.6 | 17.6 | -15.3% |
| Hong Kong SAR | 12.2 | 10.6 | 12.1 | 13.9 | 4.4% |
| Japan | 28.0 | 22.5 | 19.5 | 12.9 | -22.8% |
| Mexico | 1.4 | 0.6 | 2.2 | 3.1 | 30.3% |
| Panama | 1.1 | 0.1 | 0.4 | 1.4 | 8.4% |
| Others | 41.0 | 38.6 | 43.4 | 56.8 | 11.5% |
| Total | 204 | 151 | 183 | 238 | 5.3% |
Top Export Markets for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather from the United States in 2022:
- Canada (1567.4K units)
- Barbados (500.8K units)
- China (210.7K units)
- Japan (72.0K units)
- Panama (66.1K units)
- Hong Kong SAR (65.0K units)
- Mexico (59.5K units)
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