Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in South Africa - 2024

Contents:

  1. Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in South Africa (CIF) - 2024
  2. Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in South Africa (FOB) - 2022
  3. Imports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in South Africa
  4. Exports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in South Africa

Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in South Africa (CIF) - 2024

In January 2024, the average import price for handbags with outer surface of plastic sheeting or of textile materialses amounted to $1.3 per unit, rising by 3.1% against the previous month. In general, import price indicated pronounced growth from January 2023 to January 2024: its price increased at an average monthly rate of +3.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2024 figures, import price for handbags with outer surface of plastic sheeting or of textile materialses decreased by -33.2% against November 2023 indices. The most prominent rate of growth was recorded in February 2023 an increase of 75% m-o-m. The import price peaked at $1.9 per unit in November 2023; however, from December 2023 to January 2024, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In January 2024, the country with the highest price was Bangladesh ($1.1 per unit), while the price for India ($966 per thousand units) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by India (+4.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in South Africa (FOB) - 2022

In 2022, the average export price for handbags with outer surface of plastic sheeting or of textile materialses amounted to $4.3 per unit, surging by 25% against the previous year. In general, the export price, however, continues to indicate a slight curtailment. The pace of growth was the most pronounced in 2021 an increase of 34% against the previous year. Over the period under review, the average export prices attained the peak figure at $6.5 per unit in 2017; however, from 2018 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 Zambia ($6.3 per unit), while the average price for exports to France ($1.9 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 Zambia (+1.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in South Africa

In 2022, approx. 37M units of handbags with outer surface of plastic sheeting or of textile materialses were imported into South Africa; with an increase of 19% against the year before. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +18.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.7% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 44%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, imports of handbags with outer surface of plastic sheeting or of textile materialses rose remarkably to $41M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +7.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 46% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in South Africa (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China26.919.326.731.35.2%
India0.60.50.80.5-5.9%
Others5.45.89.69.520.7%
Total33.025.537.241.37.8%

Top Suppliers of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials to South Africa in 2022:

  1. China (36.4M units)
  2. India (0.3M units)

Exports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in South Africa

In 2022, shipments abroad of handbags with outer surface of plastic sheeting or of textile materialses decreased by -16.5% to 1.1M units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 17% against the previous year. As a result, the exports reached the peak of 1.3M units, and then shrank markedly in the following year.

In value terms, exports of handbags with outer surface of plastic sheeting or of textile materialses expanded modestly to $4.7M in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +7.4% 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 +64.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 57%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Export of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Namibia1,1059211,6021,69215.3%
Botswana6068009991,04019.7%
Swaziland36924938550711.2%
Zambia2451672682612.1%
Lesotho1761472072339.8%
France30666.6299156-20.1%
Mozambique39.475.589.210639.1%
Belgium22420.73.741.1-43.2%
Others736429651684-2.4%
Total3,8062,8754,5044,7207.4%

Top Export Markets for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials from South Africa in 2022:

  1. Namibia (322.5K units)
  2. Botswana (209.8K units)
  3. Swaziland (191.1K units)
  4. Lesotho (107.3K units)
  5. France (79.9K units)
  6. Zambia (41.3K units)
  7. Mozambique (31.7K units)
  8. Belgium (11.0K units)

Source: IndexBox Market Intelligence Platform

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