Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Spain - 2023
Contents:
- Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Spain (FOB) - 2022
- Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Spain (CIF) - 2023
- Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Spain
- Imports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Spain
Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Spain (FOB) - 2022
The average export price for handbags with outer surface of leather, composition leather, or patent leathers stood at $170 per unit in 2022, shrinking by -3.4% against the previous year. In general, the export price, however, enjoyed a strong increase. The pace of growth was the most pronounced in 2013 when the average export price increased by 63%. Over the period under review, the average export prices hit record highs at $176 per unit in 2021, and then contracted slightly in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($606 per unit), while the average price for exports to Portugal ($33 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 China (+17.4%), 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 Spain (CIF) - 2023
In December 2023, the average import price for handbags with outer surface of leather, composition leather, or patent leathers amounted to $100 per unit, falling by -12.8% against the previous month. In general, import price indicated a modest expansion from December 2022 to December 2023: its price increased at an average monthly rate of +1.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for handbags with outer surface of leather, composition leather, or patent leathers decreased by -12.8% against November 2023 indices. The growth pace was the most rapid in April 2023 when the average import price increased by 42% m-o-m. Over the period under review, average import prices attained the peak figure at $128 per unit in June 2023; however, from July 2023 to December 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was France ($395 per unit), while the price for Lithuania ($1.2 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 Portugal (+10.0%), 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 Spain
In 2022, approx. 2.7M units of handbags with outer surface of leather, composition leather, or patent leathers were exported from Spain; picking up by 22% compared with the previous year. Over the period under review, exports, however, saw a relatively flat trend pattern. The exports peaked at 2.7M units in 2019; afterwards, it flattened through to 2022.
In value terms, exports of handbags with outer surface of leather, composition leather, or patent leathers skyrocketed to $458M in 2022. The total export value increased at an average annual rate of +8.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Export of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 61.9 | 48.2 | 66.4 | 94.2 | 15.0% |
| Japan | 34.6 | 38.2 | 45.2 | 66.4 | 24.3% |
| Hong Kong SAR | 41.0 | 40.9 | 50.1 | 47.4 | 5.0% |
| China | 23.1 | 42.4 | 50.2 | 46.5 | 26.3% |
| United States | 26.0 | 19.7 | 34.4 | 37.8 | 13.3% |
| Italy | 26.3 | 23.2 | 26.1 | 28.2 | 2.4% |
| United Kingdom | 33.1 | 31.1 | 15.5 | 16.6 | -20.6% |
| Germany | 9.9 | 11.5 | 9.8 | 12.1 | 6.9% |
| Portugal | 10.5 | 7.1 | 7.4 | 9.5 | -3.3% |
| Poland | 5.1 | 4.7 | 4.5 | 4.6 | -3.4% |
| Mexico | 3.0 | 2.1 | 1.9 | 3.3 | 3.2% |
| Turkey | 1.7 | 1.2 | 1.5 | 2.7 | 16.7% |
| Belgium | 2.2 | 2.4 | 2.7 | 2.1 | -1.5% |
| Others | 81.9 | 56.5 | 73.1 | 86.7 | 1.9% |
| Total | 360 | 329 | 389 | 458 | 8.4% |
Top Export Markets for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather from Spain in 2022:
- France (549.1K units)
- Portugal (286.0K units)
- Germany (197.2K units)
- United Kingdom (182.5K units)
- Japan (169.0K units)
- United States (156.1K units)
- Italy (147.0K units)
- China (109.5K units)
- Poland (103.0K units)
- Hong Kong SAR (78.2K units)
- Turkey (54.7K units)
- Belgium (43.5K units)
- Mexico (40.9K units)
Imports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Spain
In 2022, the amount of handbags with outer surface of leather, composition leather, or patent leathers imported into Spain surged to 4.4M units, jumping by 48% against the previous year. Over the period under review, imports, however, saw a perceptible curtailment. Over the period under review, imports of hit record highs at 4.8M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of handbags with outer surface of leather, composition leather, or patent leathers skyrocketed to $332M in 2022. Overall, total imports indicated a measured expansion from 2019 to 2022: its value increased at an average annual rate of +2.2% 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 +69.9% against 2020 indices. 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 Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 132 | 74.7 | 92.2 | 150 | 4.4% |
| Italy | 62.6 | 42.3 | 52.8 | 81.2 | 9.1% |
| India | 36.9 | 23.9 | 21.0 | 25.4 | -11.7% |
| Netherlands | 8.4 | 13.7 | 17.9 | 23.3 | 40.5% |
| China | 21.3 | 12.8 | 15.2 | 17.9 | -5.6% |
| Turkey | 3.6 | 1.8 | 3.5 | 3.9 | 2.7% |
| Morocco | 3.5 | 2.6 | 2.5 | 3.1 | -4.0% |
| Others | 42.4 | 23.4 | 25.8 | 27.2 | -13.8% |
| Total | 310 | 195 | 231 | 332 | 2.3% |
Top Suppliers of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather to Spain in 2022:
- India (1264.8K units)
- Italy (1155.7K units)
- China (605.3K units)
- France (413.8K units)
- Netherlands (362.8K units)
- Morocco (192.3K units)
- Turkey (123.4K units)
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