Report Update: Apr 1, 2024

Uruguay - Handbags - Market Analysis, Forecast, Size, Trends And Insights

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Handbag Price in Uruguay - 2022

Handbag Price in Uruguay (CIF) - 2022

In 2022, the average handbag import price amounted to $3.1 per unit, shrinking by -20.6% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 48% against the previous year. As a result, import price reached the peak level of $4 per unit, and then shrank remarkably 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 China ($2.6 per unit), while the price for Hong Kong SAR ($1.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.7%), while the prices for the other major suppliers experienced a decline.

Handbag Price in Uruguay (FOB) - 2022

In 2022, the average handbag export price amounted to $8.5 per unit, surging by 8.7% against the previous year. Overall, the export price, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2013 an increase of 105%. Over the period under review, the average export prices attained the maximum at $46 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($23 per unit), while the average price for exports to Free Zones ($3.2 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 Argentina (+20.3%), while the prices for the other major destinations experienced more modest paces of growth.

Handbag Imports in Uruguay

In 2022, overseas purchases of handbags were finally on the rise to reach 2.5M units after two years of decline. Over the period under review, imports, however, faced a abrupt curtailment. Imports peaked at 4.3M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, handbag imports soared to $7.9M in 2022. Overall, imports, however, recorded a deep setback. Over the period under review, imports reached the maximum at $9.5M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Handbag in Uruguay (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	7.5	3.9	3.6	5.6	-9.3%
India	0.3	0.1	0.2	0.2	-12.6%
Hong Kong SAR	0.2	N/A	N/A	0.1	-20.6%
Others	1.5	1.6	2.5	2.0	10.1%
Total	9.5	5.7	6.3	7.9	-6.0%

Top Suppliers of Handbag to Uruguay in 2022:

China (2173.9K units)
India (139.0K units)
Hong Kong SAR (43.4K units)

Handbag Exports in Uruguay

In 2022, approx. 2.2K units of handbags were exported from Uruguay; which is down by -83.8% against 2021. Overall, exports faced a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 1,032% against the previous year. As a result, the exports attained the peak of 14K units, and then dropped remarkably in the following year.

In value terms, handbag exports fell sharply to $19K in 2022. Over the period under review, exports showed a dramatic downturn. The growth pace was the most rapid in 2021 with an increase of 231% against the previous year. As a result, the exports attained the peak of $106K, and then dropped rapidly in the following year.

Export of Handbag in Uruguay (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Paraguay	2.1	N/A	13.1	9.2	63.6%
Peru	0.1	N/A	76.8	6.9	310.2%
Chile	10.4	0.5	8.3	1.2	-51.3%
Free Zones	1.7	N/A	N/A	0.5	-33.5%
Argentina	14.4	15.8	1.2	N/A	-71.1%
Brazil	19.4	0.3	N/A	N/A	-98.5%
Others	10.1	15.4	6.6	0.9	-55.3%
Total	58.2	32.0	106	18.6	-31.6%

Top Export Markets for Handbag from Uruguay in 2022:

Peru (1505.0 units)
Paraguay (404.0 units)
Free Zones (161.0 units)
Chile (94.0 units)

Source: IndexBox Market Intelligence Platform

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

Uruguay

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Uruguay
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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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