Czech Republic - Handbags - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Czech Republic - Handbags - Market Analysis, Forecast, Size, Trends And Insights

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Handbag Price in the Czech Republic - 2023

Contents:

  1. Handbag Price in the Czech Republic (CIF) - 2022
  2. Handbag Price in the Czech Republic (FOB) - 2023
  3. Handbag Imports in the Czech Republic
  4. Handbag Exports in the Czech Republic

Handbag Price in the Czech Republic (CIF) - 2022

In 2022, the average handbag import price amounted to $14 per unit, jumping by 18% against the previous year. Over the period under review, the import price showed strong growth. The most prominent rate of growth was recorded in 2015 an increase of 46%. The import price peaked at $16 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($162 per unit), while the price for Germany ($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 China (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Handbag Price in the Czech Republic (FOB) - 2023

In August 2023, the average handbag export price amounted to $24.3 per unit, which is down by -4.1% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.0%. The growth pace was the most rapid in December 2022 an increase of 26% month-to-month. The export price peaked at $30.8 per unit in May 2023; however, from June 2023 to August 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was Germany ($28.6 per unit), while the average price for exports to Congo ($1.5 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.

Handbag Imports in the Czech Republic

In 2022, handbag imports into the Czech Republic reached 6.6M units, surging by 2.2% compared with 2021. The total import volume increased at an average annual rate of +2.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 40% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, handbag imports skyrocketed to $92M in 2022. Over the period under review, imports, however, continue to indicate a slight contraction. Imports peaked at $97M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Handbag in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China35.427.733.033.4-1.9%
Italy24.116.415.823.9-0.3%
Germany2.52.82.32.83.8%
Vietnam1.91.51.92.611.0%
India2.62.52.52.3-4.0%
Indonesia1.01.12.02.128.1%
Poland2.81.71.41.9-12.1%
Others26.213.916.922.9-4.4%
Total96.667.675.991.8-1.7%

Top Suppliers of Handbag to the Czech Republic in 2022:

  1. China (4224.4K units)
  2. Germany (813.7K units)
  3. Poland (558.1K units)
  4. Vietnam (172.3K units)
  5. Italy (147.6K units)
  6. India (128.7K units)
  7. Indonesia (103.7K units)

Handbag Exports in the Czech Republic

In 2022, the amount of handbags exported from the Czech Republic rose notably to 2.2M units, growing by 9.1% on 2021 figures. Overall, exports, however, continue to indicate a slight curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year. Over the period under review, the exports hit record highs at 2.3M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, handbag exports expanded slightly to $31M in 2022. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 23% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Handbag in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany10.68.811.614.210.2%
Austria6.04.04.74.4-9.8%
Slovakia3.22.63.03.0-2.1%
Poland1.61.52.32.414.5%
Italy1.82.01.82.03.6%
Hungary1.21.21.00.9-9.1%
Slovenia0.60.50.40.4-12.6%
United Kingdom0.80.40.80.2-37.0%
Others4.23.34.53.5-5.9%
Total30.024.530.230.80.9%

Top Export Markets for Handbag from the Czech Republic in 2022:

  1. Germany (1091.8K units)
  2. Austria (370.4K units)
  3. Slovakia (202.8K units)
  4. Poland (169.5K units)
  5. Italy (52.5K units)
  6. Slovenia (47.5K units)
  7. Hungary (45.6K units)
  8. United Kingdom (13.7K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the handbag market in the Czech Republic. 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:

  • Czech Republic

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the Czech Republic
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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