Colombia - Handbags - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHandbag Price in Colombia - 2022
Contents:
- Handbag Price in Colombia (CIF) - 2022
- Handbag Price in Colombia (FOB) - 2022
- Handbag Imports in Colombia
- Handbag Exports in Colombia
Handbag Price in Colombia (CIF) - 2022
In February 2022, the average handbag import price amounted to $4.2 per unit, which is down by -48% against the previous month. In general, the import price saw a pronounced slump. The most prominent rate of growth was recorded in April 2021 an increase of 66% month-to-month. As a result, import price attained the peak level of $12.0 per unit. From May 2021 to February 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From February 2021 to February 2022, the rate of growth in terms of prices for China amounted to -3.4% per month.
Handbag Price in Colombia (FOB) - 2022
The average handbag export price stood at $23 per unit in 2022, which is down by -7.7% against the previous year. Over the period under review, the export price continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 31% against the previous year. The export price peaked at $35 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for El Salvador amounted to +16.9% per year.
Handbag Imports in Colombia
In 2022, approx. 4.1M units of handbags were imported into Colombia; declining by -19.3% on the previous year's figure. Over the period under review, imports showed a dramatic slump. The pace of growth appeared the most rapid in 2021 when imports increased by 33%. Over the period under review, imports hit record highs at 10M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, handbag imports contracted remarkably to $22M in 2022. Overall, imports saw a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 60% against the previous year. Over the period under review, imports hit record highs at $34M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Handbag in Colombia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Myanmar | 0.1 | N/A | N/A | 16.4 | 447.4% |
United Arab Emirates | N/A | N/A | N/A | 5.2 | 0% |
China | 27.3 | 12.8 | 19.9 | N/A | -14.6% |
Others | 6.2 | 3.7 | 6.6 | N/A | 3.2% |
Total | 33.6 | 16.6 | 26.5 | 21.5 | -13.8% |
Top Suppliers of Handbag to Colombia in 2022:
- Myanmar (3.7M units)
- United Arab Emirates (0.4M units)
Handbag Exports in Colombia
In 2022, after two years of decline, there was growth in shipments abroad of handbags, when their volume increased by 4% to 382K units. Overall, exports, however, continue to indicate a abrupt setback. The exports peaked at 567K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, handbag exports dropped modestly to $8.9M in 2022. In general, exports, however, recorded a deep slump. The growth pace was the most rapid in 2021 with an increase of 8.8% against the previous year. The exports peaked at $15M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Handbag in Colombia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 0.3 | 0.1 | N/A | 8.9 | 209.6% |
Ecuador | 0.3 | 0.3 | 0.3 | N/A | 0.0% |
Peru | 0.7 | 1.0 | 0.5 | N/A | -15.5% |
United States | 8.4 | 4.1 | 5.6 | N/A | -18.4% |
France | 0.5 | 0.3 | 0.2 | N/A | -36.8% |
Costa Rica | 0.2 | 0.1 | 0.2 | N/A | 0.0% |
Panama | 0.4 | 0.1 | 0.4 | N/A | 0.0% |
Mexico | 0.2 | 0.1 | 0.1 | N/A | -29.3% |
Chile | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
Others | 3.7 | 2.3 | 1.9 | N/A | -28.3% |
Total | 14.8 | 8.5 | 9.3 | 8.9 | -15.6% |
Top Export Markets for Handbag from Colombia in 2022:
- United Arab Emirates (381.6K units)
This report provides an in-depth analysis of the handbag market in Colombia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 15121220 - Handbags of leather, composition leather, patent leather, p lastic sheeting, textile materials or other materials (including those without a handle)
Country coverage:
- Colombia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Colombia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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