Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Italy - 2023
Contents:
- Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Italy (FOB) - 2022
- Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Italy (CIF) - 2023
- Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Italy
- Imports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Italy
Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Italy (FOB) - 2022
In 2022, the average export price for handbags with outer surface of leather, composition leather, or patent leathers amounted to $262 per unit, approximately reflecting the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The growth pace was the most rapid in 2020 when the average export price increased by 42% against the previous year. Over the period under review, the average export prices attained the maximum at $262 per unit in 2021, and then dropped 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 ($458 per unit), while the average price for exports to Russia ($61 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 Poland (+4.0%), 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 Italy (CIF) - 2023
In December 2023, the average import price for handbags with outer surface of leather, composition leather, or patent leathers amounted to $210 per unit, with an increase of 26% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($550 per unit), while the price for Pakistan ($20.8 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by France (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Italy
In 2022, the amount of handbags with outer surface of leather, composition leather, or patent leathers exported from Italy reached 21M units, increasing by 11% compared with the previous year. Overall, exports, however, faced a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 19% against the previous year. The exports peaked at 30M 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 expanded markedly to $5.6B in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 20%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 1,904 | 1,406 | 1,412 | 1,071 | -17.5% |
| France | 575 | 530 | 709 | 940 | 17.8% |
| United States | 414 | 264 | 498 | 680 | 18.0% |
| South Korea | 356 | 329 | 411 | 468 | 9.5% |
| China | 319 | 324 | 408 | 435 | 10.9% |
| Japan | 300 | 240 | 291 | 342 | 4.5% |
| Hong Kong SAR | 334 | 215 | 236 | 215 | -13.7% |
| Germany | 182 | 150 | 180 | 197 | 2.7% |
| United Kingdom | 236 | 162 | 134 | 175 | -9.5% |
| Spain | 81.1 | 42.9 | 52.8 | 82.3 | 0.5% |
| Russia | 65.5 | 50.0 | 68.8 | 50.9 | -8.1% |
| Poland | 19.5 | 24.3 | 34.0 | 39.1 | 26.1% |
| Others | 759 | 503 | 643 | 926 | 6.9% |
| Total | 5,545 | 4,239 | 5,077 | 5,621 | 0.5% |
Top Export Markets for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather from Italy in 2022:
- France (4.1M units)
- Switzerland (3.4M units)
- United States (2.7M units)
- Japan (2.1M units)
- Germany (1.6M units)
- China (1.6M units)
- South Korea (1.4M units)
- Russia (0.8M units)
- United Kingdom (0.7M units)
- Poland (0.5M units)
- Hong Kong SAR (0.5M units)
- Spain (0.5M units)
Imports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Italy
In 2022, the amount of handbags with outer surface of leather, composition leather, or patent leathers imported into Italy expanded markedly to 6.6M units, rising by 7.1% compared with 2021 figures. Overall, imports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 8.4% against the previous year. Imports peaked at 7.8M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of handbags with outer surface of leather, composition leather, or patent leathers dropped to $954M in 2022. In general, imports, however, showed a pronounced slump. The pace of growth was the most pronounced in 2021 when imports increased by 3.7%. Over the period under review, imports of attained the maximum at $1.1B in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 375 | 355 | 368 | 405 | 2.6% |
| Switzerland | 217 | 187 | 212 | 149 | -11.8% |
| China | 74.8 | 45.3 | 65.7 | 91.0 | 6.8% |
| Netherlands | 64.1 | 62.4 | 64.4 | 47.2 | -9.7% |
| Spain | 35.9 | 46.4 | 41.4 | 30.6 | -5.2% |
| Romania | 45.6 | 26.9 | 25.8 | 25.1 | -18.0% |
| Bulgaria | 34.6 | 25.8 | 24.5 | 24.2 | -11.2% |
| Hong Kong SAR | 30.2 | 22.3 | 19.8 | 23.7 | -7.8% |
| Germany | 16.7 | 34.4 | 28.4 | 14.8 | -3.9% |
| Turkey | 24.2 | 9.4 | 10.8 | 14.5 | -15.7% |
| India | 28.6 | 20.3 | 10.9 | 14.2 | -20.8% |
| Vietnam | 11.8 | 11.3 | 14.4 | 13.7 | 5.1% |
| Slovenia | 1.5 | 1.4 | 2.5 | 2.3 | 15.3% |
| Others | 119 | 110 | 105 | 99.0 | -5.9% |
| Total | 1,078 | 959 | 994 | 954 | -4.0% |
Top Suppliers of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather to Italy in 2022:
- China (2016.1K units)
- France (855.2K units)
- India (563.9K units)
- Bulgaria (473.2K units)
- Netherlands (345.6K units)
- Hong Kong SAR (340.5K units)
- Switzerland (314.6K units)
- Vietnam (304.8K units)
- Romania (298.1K units)
- Spain (210.1K units)
- Turkey (168.3K units)
- Slovenia (117.7K units)
- Germany (59.5K units)
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