Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Vietnam - 2022
Contents:
- Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Vietnam (FOB) - 2022
- Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Vietnam (CIF) - 2022
- Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Vietnam
- Imports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Vietnam
Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Vietnam (FOB) - 2022
In 2022, the average export price for handbags with outer surface of leather, composition leather, or patent leathers amounted to $57 per unit, with a decrease of -5.5% against the previous year. In general, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for handbags with outer surface of leather, composition leather, or patent leathers decreased by -22.2% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of 49% against the previous year. The export price peaked at $73 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($95 per unit), while the average price for exports to Hungary ($11 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 Hong Kong SAR (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Vietnam (CIF) - 2022
The average import price for handbags with outer surface of leather, composition leather, or patent leathers stood at $67 per unit in 2022, falling by -11% against the previous year. In general, the import price continues to indicate a mild slump. The most prominent rate of growth was recorded in 2021 an increase of 78%. As a result, import price reached the peak level of $76 per unit, and then fell 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 Italy ($1,277 per unit), while the price for China ($9.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Vietnam
Exports of handbags with outer surface of leather, composition leather, or patent leathers from Vietnam reached 10M units in 2022, surging by 7.7% compared with the previous year. Over the period under review, exports, however, continue to indicate a noticeable reduction. Over the period under review, the exports of reached the maximum at 12M 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 rose to $577M in 2022. Overall, exports, however, showed a abrupt setback. Over the period under review, the exports of reached the maximum at $740M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 341 | 282 | 290 | 317 | -2.4% |
| China | 88.1 | 74.8 | 67.5 | 45.7 | -19.7% |
| Netherlands | 75.8 | 45.7 | 20.3 | 29.4 | -27.1% |
| Hong Kong SAR | 44.8 | 48.9 | 29.7 | 27.2 | -15.3% |
| Japan | 46.3 | 35.1 | 24.0 | 23.3 | -20.5% |
| South Korea | 24.7 | 24.8 | 21.6 | 18.7 | -8.9% |
| United Kingdom | 8.8 | 7.0 | 6.2 | 11.5 | 9.3% |
| Macao SAR | 19.4 | 13.0 | 15.5 | 7.1 | -28.5% |
| Hungary | N/A | N/A | N/A | 3.3 | 0% |
| Russia | 9.4 | 5.3 | N/A | 3.3 | -29.5% |
| Poland | 5.5 | 10.8 | 7.0 | 0.2 | -66.9% |
| Others | 75.9 | 74.1 | 85.1 | 90.9 | 6.2% |
| Total | 740 | 622 | 568 | 577 | -8.0% |
Top Export Markets for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather from Vietnam in 2022:
- United States (6026.7K units)
- Netherlands (699.0K units)
- China (691.3K units)
- Hong Kong SAR (371.5K units)
- Hungary (304.9K units)
- Russia (276.4K units)
- Japan (246.0K units)
- South Korea (226.2K units)
- United Kingdom (200.1K units)
- Macao SAR (124.0K units)
- Poland (3.6K units)
Imports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Vietnam
In 2022, the amount of handbags with outer surface of leather, composition leather, or patent leathers imported into Vietnam soared to 995K units, rising by 72% on the previous year's figure. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +16.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 surged to $67M in 2022. Overall, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 10.5 | 11.3 | 18.5 | 28.2 | 39.0% |
| China | 4.5 | 5.9 | 4.6 | 9.1 | 26.5% |
| Others | 13.8 | 15.2 | 20.6 | 29.8 | 29.3% |
| Total | 28.9 | 32.5 | 43.7 | 67.0 | 32.4% |
Top Suppliers of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather to Vietnam in 2022:
- China (951.0K units)
- Italy (22.1K units)
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