Price for Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Hong Kong SAR - 2023
Contents:
- Price for Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Hong Kong SAR (CIF) - 2022
- Price for Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Hong Kong SAR (FOB) - 2022
- Imports of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Hong Kong SAR
- Exports of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Hong Kong SAR
Price for Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for handbags with outer surface of vulcanised fibre or of paperboards amounted to $60 per unit, picking up by 94% against the previous year. In general, the import price enjoyed a resilient increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 200%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.
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 France ($366 per unit), while the price for China ($18 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for handbags with outer surface of vulcanised fibre or of paperboards amounted to $9.5 per unit, shrinking by -29.5% against the previous year. Over the period under review, export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.1% 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 vulcanised fibre or of paperboards decreased by -41.3% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 62%. The export price peaked at $16 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($53 per unit), while the average price for exports to the UK ($5.2 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 Italy (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Hong Kong SAR
For the third consecutive year, Hong Kong SAR recorded decline in purchases abroad of handbags with outer surface of vulcanised fibre or of paperboards, which decreased by -58.6% to 37K units in 2022. Over the period under review, imports continue to indicate a precipitous contraction. The smallest decline of -16.3% was in 2021. Imports peaked at 176K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of handbags with outer surface of vulcanised fibre or of paperboards dropped dramatically to $2.2M in 2022. Overall, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 83% against the previous year. As a result, imports attained the peak of $5.2M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | N/A | 3,964 | 878 | 840 | -54.0% |
| China | 1,463 | 727 | 695 | 490 | -30.6% |
| United States | 32.1 | 4.2 | 314 | 276 | 104.9% |
| France | 488 | 163 | 98.9 | 244 | -20.6% |
| Italy | 322 | 120 | 69.9 | 165 | -20.0% |
| Australia | 181 | 64.9 | 497 | 57.0 | -32.0% |
| Others | 327 | 111 | 241 | 169 | -19.7% |
| Total | 2,812 | 5,154 | 2,794 | 2,241 | -7.3% |
Top Suppliers of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard to Hong Kong SAR in 2022:
- China (26.7K units)
- Vietnam (7.3K units)
- United States (1.6K units)
- France (0.7K units)
- Italy (0.6K units)
- Australia (0.5K units)
Exports of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Hong Kong SAR
In 2022, exports of handbags with outer surface of vulcanised fibre or of paperboards from Hong Kong SAR skyrocketed to 155K units, jumping by 18% compared with 2021 figures. In general, exports, however, saw a noticeable decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 59%. The exports peaked at 177K 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 vulcanised fibre or of paperboards reduced markedly to $1.5M in 2022. Over the period under review, exports, however, recorded a deep setback. The pace of growth was the most pronounced in 2021 when exports increased by 32% against the previous year. The exports peaked at $2.2M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 668 | 295 | 362 | 543 | -6.7% |
| Macao SAR | 385 | 68.2 | 300 | 193 | -20.6% |
| Italy | 316 | 64.3 | 107 | 159 | -20.5% |
| China | 112 | 456 | 482 | 109 | -0.9% |
| United Kingdom | 132 | 80.7 | 74.4 | 105 | -7.3% |
| France | 24.7 | 18.0 | 35.7 | 49.9 | 26.4% |
| Netherlands | 63.7 | 12.1 | 5.3 | 33.1 | -19.6% |
| Japan | 67.9 | 162 | 262 | 32.6 | -21.7% |
| Germany | 99.1 | 63.3 | 22.4 | 22.1 | -39.4% |
| Others | 307 | 120 | 117 | 227 | -9.6% |
| Total | 2,175 | 1,340 | 1,769 | 1,475 | -12.1% |
Top Export Markets for Handbags with Outer Surface of Vulcanised Fibre or of Paperboard from Hong Kong SAR in 2022:
- United States (82.2K units)
- United Kingdom (20.1K units)
- Macao SAR (10.6K units)
- China (7.4K units)
- Netherlands (3.3K units)
- Italy (3.0K units)
- France (3.0K units)
- Japan (1.7K units)
- Germany (1.7K units)
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