New Zealand - Handbags - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHandbag Price in New Zealand - 2023
Contents:
- Handbag Price in New Zealand (CIF) - 2022
- Handbag Price in New Zealand (FOB) - 2023
- Handbag Imports in New Zealand
- Handbag Exports in New Zealand
Handbag Price in New Zealand (CIF) - 2022
The average handbag import price stood at $19 per unit in 2022, waning by -15.6% against the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, handbag import price increased by +6.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 26% against the previous year. As a result, import price reached the peak level of $23 per unit, and then dropped rapidly in the following year.
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 Italy ($140 per unit), while the price for Australia ($3.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Handbag Price in New Zealand (FOB) - 2023
The average handbag export price stood at $538 per unit in September 2023, increasing by 5.1% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 30% m-o-m. Over the period under review, the average export prices reached the maximum at $607 per unit in March 2023; however, from April 2023 to September 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($654 per unit), while the average price for exports to Hong Kong SAR ($355 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.
Handbag Imports in New Zealand
In 2022, imports of handbags into New Zealand surged to 2.8M units, growing by 33% against 2021. Over the period under review, imports, however, continue to indicate a slight shrinkage. Over the period under review, imports attained the maximum at 2.9M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, handbag imports expanded sharply to $54M in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 42%. Imports peaked at $54M in 2019; afterwards, it flattened through to 2022.
| Import of Handbag in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 23.7 | 12.1 | 15.1 | 18.2 | -8.4% |
| China | 11.0 | 8.7 | 11.9 | 13.3 | 6.5% |
| France | 10.4 | 6.7 | 11.1 | 11.3 | 2.8% |
| India | 2.5 | 1.9 | 2.8 | 3.5 | 11.9% |
| Vietnam | 1.5 | 0.9 | 0.8 | 1.1 | -9.8% |
| Australia | 0.3 | 0.3 | 0.9 | 0.8 | 38.7% |
| United States | 0.2 | 0.3 | 0.6 | 0.6 | 44.2% |
| Others | 4.4 | 3.3 | 5.0 | 5.4 | 7.1% |
| Total | 54.1 | 34.1 | 48.3 | 54.1 | 0.0% |
Top Suppliers of Handbag to New Zealand in 2022:
- China (1613.7K units)
- India (439.3K units)
- Australia (244.6K units)
- Italy (130.2K units)
- Vietnam (119.1K units)
- France (103.2K units)
- United States (51.8K units)
Handbag Exports in New Zealand
In 2022, after two years of decline, there was significant growth in shipments abroad of handbags, when their volume increased by 151% to 333K units. In general, exports, however, faced a abrupt slump. The exports peaked at 494K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, handbag exports skyrocketed to $15M in 2022. Over the period under review, exports continue to indicate prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Handbag in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 5,662 | 3,093 | 2,083 | 9,303 | 18.0% |
| Australia | 1,059 | 1,201 | 1,287 | 3,278 | 45.7% |
| Switzerland | 8.9 | 1.6 | 253 | 910 | 367.6% |
| Papua New Guinea | 115 | 156 | 167 | 228 | 25.6% |
| United States | 48.6 | 80.3 | 14.2 | 42.1 | -4.7% |
| United Kingdom | 15.8 | 40.0 | 20.3 | 41.9 | 38.4% |
| Fiji | 40.2 | 12.3 | 7.5 | 34.0 | -5.4% |
| French Polynesia | 57.8 | 0.4 | 11.5 | 9.4 | -45.4% |
| China | 835 | 59.0 | 85.7 | 3.2 | -84.4% |
| Others | 704 | 721 | 542 | 777 | 3.3% |
| Total | 8,546 | 5,365 | 4,472 | 14,626 | 19.6% |
Top Export Markets for Handbag from New Zealand in 2022:
- Singapore (246.5K units)
- Fiji (15.5K units)
- Australia (11.8K units)
- United Kingdom (11.2K units)
- Papua New Guinea (10.5K units)
- Switzerland (9.2K units)
- French Polynesia (6.6K units)
- United States (5.2K units)
- China (0.6K units)
This report provides an in-depth analysis of the handbag market in New Zealand. 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:
- New Zealand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in New Zealand
- 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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