Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Sri Lanka - 2022

Contents:

1. Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Sri Lanka (CIF) - 2022
2. Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Sri Lanka (FOB) - 2022
3. Imports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Sri Lanka
4. Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Sri Lanka

Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Sri Lanka (CIF) - 2022

In 2022, the average import price for handbags with outer surface of leather, composition leather, or patent leathers amounted to $73 per unit, remaining stable against the previous year. In general, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for handbags with outer surface of leather, composition leather, or patent leathers decreased by +0.2% against 2018 indices. The pace of growth appeared the most rapid in 2013 when the average import price increased by 26% against the previous year. The import price peaked at $91 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($299 per unit), while the price for China totaled $19 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.0%).

Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Sri Lanka (FOB) - 2022

In 2022, the average export price for handbags with outer surface of leather, composition leather, or patent leathers amounted to $15 per unit, dropping by -45% against the previous year. Over the period under review, the export price saw a abrupt shrinkage. The pace of growth was the most pronounced in 2020 when the average export price increased by 143%. The export price peaked at $36 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 Germany ($24 per unit), while the average price for exports to Canada ($1.2 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 Germany (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Sri Lanka

In 2022, approx. 4.4K units of handbags with outer surface of leather, composition leather, or patent leathers were imported into Sri Lanka; growing by 72% compared with 2021. Overall, imports, however, recorded a perceptible reduction. Imports peaked at 4.8K 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 surged to $323K in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports of hit record highs at $327K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather to Sri Lanka in 2022:

1. China (3.5K units)
2. India (0.8K units)

Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Sri Lanka

In 2022, the amount of handbags with outer surface of leather, composition leather, or patent leathers exported from Sri Lanka declined rapidly to 9.3K units, with a decrease of -21.6% against 2021. Overall, exports showed a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 11%. The exports peaked at 27K 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 fell significantly to $136K in 2022. In general, exports faced a abrupt decrease. The pace of growth was the most pronounced in 2021 when exports increased by 70%. As a result, the exports attained the peak of $317K, and then contracted significantly in the following year.

Top Export Markets for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather from Sri Lanka in 2022:

1. Canada (1734.0 units)
2. Qatar (1546.0 units)
3. Netherlands (1326.0 units)
4. United Arab Emirates (856.0 units)
5. Italy (674.0 units)
6. Germany (601.0 units)
7. Iran (218.0 units)
8. Iceland (194.0 units)
9. Maldives (179.0 units)
10. Thailand (172.0 units)
11. Luxembourg (165.0 units)
12. Australia (133.0 units)
13. Iraq (132.0 units)

Source: IndexBox Market Intelligence Platform