Switzerland - Handbags - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHandbag Price in Switzerland - 2023
Contents:
- Handbag Price in Switzerland (CIF) - 2023
- Handbag Price in Switzerland (FOB) - 2022
- Handbag Imports in Switzerland
- Handbag Exports in Switzerland
Handbag Price in Switzerland (CIF) - 2023
In September 2023, the average handbag import price amounted to $58.8 per unit, growing by 20% against the previous month. Over the period under review, import price indicated slight growth from September 2022 to September 2023: its price increased at an average monthly rate of +1.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, handbag import price increased by +31.8% against May 2023 indices. The most prominent rate of growth was recorded in March 2023 an increase of 33% month-to-month. As a result, import price attained the peak level of $78.0 per unit. From April 2023 to September 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was France ($442 per unit), while the price for Poland ($11.1 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Handbag Price in Switzerland (FOB) - 2022
The average handbag export price stood at $180 per unit in 2022, dropping by -8.7% against the previous year. In general, the export price saw a slight downturn. The pace of growth appeared the most rapid in 2018 when the average export price increased by 21%. Over the period under review, the average export prices reached the maximum at $236 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($498 per unit), while the average price for exports to Poland ($74 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 (+18.3%), while the prices for the other major destinations experienced more modest paces of growth.
Handbag Imports in Switzerland
In 2022, imports of handbags into Switzerland rose sharply to 8.8M units, with an increase of 9.8% against 2021 figures. Over the period under review, imports showed a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, handbag imports fell slightly to $488M in 2022. In general, imports, however, recorded a deep slump. The smallest decline of -1.7% was in 2021. Over the period under review, imports reached the peak figure at $570M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Handbag in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 308 | 273 | 239 | 198 | -13.7% |
| France | 81.9 | 72.2 | 85.4 | 98.2 | 6.2% |
| China | 65.0 | 63.0 | 71.4 | 76.8 | 5.7% |
| Germany | 31.1 | 18.7 | 24.4 | 25.7 | -6.2% |
| India | 15.9 | 15.6 | 10.9 | 9.1 | -17.0% |
| Vietnam | 7.1 | 9.0 | 9.6 | 9.0 | 8.2% |
| Myanmar | 0.1 | N/A | 0.1 | 4.8 | 263.4% |
| Bulgaria | 5.9 | 4.5 | 3.1 | 3.8 | -13.6% |
| Portugal | 5.1 | 3.7 | 2.1 | 2.8 | -18.1% |
| Turkey | 3.6 | 1.4 | 0.9 | 2.7 | -9.1% |
| Others | 46.8 | 48.6 | 54.0 | 56.3 | 6.4% |
| Total | 570 | 510 | 501 | 488 | -5.0% |
Top Suppliers of Handbag to Switzerland in 2022:
- China (5124.0K units)
- Italy (946.8K units)
- Vietnam (539.3K units)
- India (432.7K units)
- Germany (294.2K units)
- Bulgaria (223.9K units)
- France (206.8K units)
- Myanmar (150.0K units)
- Turkey (122.7K units)
- Portugal (99.3K units)
Handbag Exports in Switzerland
For the third consecutive year, Switzerland recorded decline in shipments abroad of handbags, which decreased by -17.4% to 1.1M units in 2022. In general, exports continue to indicate a abrupt decrease. The smallest decline of -4.9% was in 2021. Over the period under review, the exports hit record highs at 1.9M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, handbag exports declined markedly to $203M in 2022. Over the period under review, exports recorded a deep setback. The smallest decline of -0.5% was in 2021. Over the period under review, the exports attained the peak figure at $371M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Handbag in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 60.1 | 61.7 | 69.2 | 42.8 | -10.7% |
| Germany | 48.0 | 38.1 | 32.3 | 33.0 | -11.7% |
| France | 32.6 | 25.3 | 24.6 | 18.2 | -17.7% |
| United States | 47.8 | 23.8 | 18.5 | 17.4 | -28.6% |
| China | 26.3 | 24.7 | 26.8 | 16.6 | -14.2% |
| South Korea | 20.2 | 12.6 | 17.6 | 13.0 | -13.7% |
| Hong Kong SAR | 22.9 | 15.7 | 18.3 | 10.6 | -22.6% |
| Japan | 24.2 | 12.6 | 16.7 | 7.4 | -32.6% |
| United Kingdom | 31.9 | 17.2 | 11.0 | 6.4 | -41.5% |
| Netherlands | 4.1 | 3.2 | 3.1 | 3.8 | -2.5% |
| Spain | 5.6 | 3.7 | 1.5 | 3.2 | -17.0% |
| Thailand | 6.1 | 5.1 | 2.6 | 2.7 | -23.8% |
| Poland | 1.6 | 2.4 | 2.5 | 2.4 | 14.5% |
| Others | 39.5 | 24.7 | 25.0 | 25.7 | -13.3% |
| Total | 371 | 271 | 269 | 203 | -18.2% |
Top Export Markets for Handbag from Switzerland in 2022:
- Germany (352.1K units)
- Italy (222.1K units)
- China (78.2K units)
- South Korea (75.0K units)
- France (69.9K units)
- United States (37.8K units)
- Japan (34.0K units)
- Poland (32.4K units)
- Thailand (29.4K units)
- United Kingdom (21.7K units)
- Hong Kong SAR (21.3K units)
- Spain (20.5K units)
- Netherlands (17.4K units)
This report provides an in-depth analysis of the handbag market in Switzerland. 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:
- Switzerland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Switzerland
- 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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