Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Uganda - 2022

Contents:

1. Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Uganda (CIF) - 2022
2. Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Uganda (FOB) - 2022
3. Imports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Uganda
4. Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Uganda

Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Uganda (CIF) - 2022

The average import price for handbags with outer surface of leather, composition leather, or patent leathers stood at $184 per unit in 2022, declining by -30.1% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average import price increased by 25%. The import price peaked at $264 per unit in 2021, and then declined markedly in the following year.

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 China ($174 per unit), while the price for Hong Kong SAR ($73 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.0%), 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 Uganda (FOB) - 2022

In 2022, the average export price for handbags with outer surface of leather, composition leather, or patent leathers amounted to $38 per unit, jumping by 34% against the previous year. Over the period under review, the export price, however, recorded a slight decline. The pace of growth appeared the most rapid in 2013 when the average export price increased by 162% against the previous year. As a result, the export price reached the peak level of $120 per unit. From 2014 to 2022, the average export prices remained 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 the United States ($54 per unit), while the average price for exports to Democratic Republic of the Congo stood at $30 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.4%), 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 Uganda

For the fourth year in a row, Uganda recorded growth in purchases abroad of handbags with outer surface of leather, composition leather, or patent leathers, which increased by 74% to 1.3K units in 2022. Over the period under review, imports saw a significant increase. As a result, imports reached 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 $248K in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +17.2% 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 +61.0% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. China (1227.0 units)
2. Hong Kong SAR (56.0 units)
3. United Arab Emirates (37.0 units)

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

In 2022, shipments abroad of handbags with outer surface of leather, composition leather, or patent leathers decreased by -85.7% to 4K units, falling for the second consecutive year after two years of growth. In general, exports faced a precipitous shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 86% against the previous year. As a result, the exports reached the peak of 37K units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of handbags with outer surface of leather, composition leather, or patent leathers fell notably to $153K in 2022. Overall, exports recorded a sharp decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 85% against the previous year. Over the period under review, the exports of attained the maximum at $795K in 2021, and then reduced markedly in the following year.

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

1. Democratic Republic of the Congo (2.7K units)
2. United States (1.4K units)

Source: IndexBox Market Intelligence Platform