Russian Federation - Luggage And Handbags - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLuggage Price in Russia - 2022
Contents:
- Luggage Price in Russia (CIF) - 2022
- Luggage Price in Russia (FOB) - 2022
- Luggage Imports in Russia
- Luggage Exports in Russia
Luggage Price in Russia (CIF) - 2022
The average luggage import price stood at $6.3 per unit in January 2022, shrinking by -23.4% against the previous month. In general, the import price showed a pronounced shrinkage. The pace of growth was the most pronounced in February 2021 an increase of 35% against the previous month. As a result, import price attained the peak level of $13.8 per unit. From March 2021 to January 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In January 2022, the country with the highest price was Vietnam ($4.9 per unit), while the price for Belarus ($3.5 per unit) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Belarus (-0.4%), while the prices for the other major suppliers experienced a decline.
Luggage Price in Russia (FOB) - 2022
In January 2022, the average luggage export price amounted to $10.0 per unit, rising by 9.3% against the previous month. Overall, the export price, however, recorded a perceptible downturn. The pace of growth appeared the most rapid in November 2021 when the average export price increased by 87% against the previous month. Over the period under review, the average export prices attained the peak figure at $13.6 per unit in January 2021; however, from February 2021 to January 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In January 2022, the country with the highest price was Armenia ($12.4 per unit), while the average price for exports to Ukraine ($1.4 per unit) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+3.7%), while the prices for the other major destinations experienced a decline.
Luggage Imports in Russia
In 2022, luggage imports into Russia reduced remarkably to 24M units, dropping by -16.1% against the year before. In general, imports saw a slight contraction. The growth pace was the most rapid in 2021 when imports increased by 80% against the previous year. As a result, imports attained the peak of 28M units, and then dropped rapidly in the following year.
In value terms, luggage imports shrank to $424M in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. As a result, imports attained the peak of $493M, and then dropped in the following year.
| Import of Luggage in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 216 | 153 | 226 | 219 | 0.5% |
| Italy | 102 | 104 | 131 | 106 | 1.3% |
| Belarus | 7.4 | 5.9 | 10.3 | 5.3 | -10.5% |
| Czech Republic | 0.2 | 0.2 | 1.1 | 2.2 | 122.4% |
| Others | 101 | 92.3 | 124 | 91.8 | -3.1% |
| Total | 427 | 356 | 493 | 424 | -0.2% |
Top Suppliers of Luggage to Russia in 2022:
- China (21.1M units)
- Czech Republic (0.5M units)
- Belarus (0.4M units)
- Italy (0.3M units)
Luggage Exports in Russia
After three years of growth, overseas shipments of luggage and handbags decreased by -5.3% to 1.6M units in 2022. Overall, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 84%. Over the period under review, the exports hit record highs at 1.7M units in 2021, and then declined in the following year.
In value terms, luggage exports dropped to $34M in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +23.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +89.8% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 70%. Over the period under review, the exports hit record highs at $37M in 2021, and then dropped in the following year.
| Export of Luggage in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 6.5 | 11.5 | 15.3 | 16.2 | 35.6% |
| Kazakhstan | 5.5 | 10.8 | 9.1 | 8.8 | 17.0% |
| Georgia | N/A | N/A | N/A | 2.0 | 0% |
| Armenia | 0.4 | 0.9 | 1.4 | 1.9 | 68.1% |
| Ukraine | 1.0 | 1.3 | 1.9 | 1.1 | 3.2% |
| Others | 4.2 | 5.7 | 9.5 | 3.6 | -5.0% |
| Total | 17.7 | 30.1 | 37.2 | 33.7 | 23.9% |
Top Export Markets for Luggage from Russia in 2022:
- Belarus (651.0K units)
- Kazakhstan (392.6K units)
- Ukraine (204.1K units)
- Georgia (200.4K units)
- Armenia (69.3K units)
This report provides an in-depth analysis of the luggage market in the Russian Federation. 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 15121210 - Trunks, suitcases, vanity cases, briefcases, school satchels and similar containers of leather, composition leather, patent leather, plastics, textile materials, aluminium or other materials
- Prodcom 15121220 - Handbags of leather, composition leather, patent leather, p lastic sheeting, textile materials or other materials (including those without a handle)
- Prodcom 15121270 - Travel sets for personal toilet, sewing, or shoe or clothes cleaning (excluding manicure sets)
Country coverage:
- Russia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Russian Federation
- 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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