Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Azerbaijan - 2024

Contents:

  1. Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Azerbaijan (CIF) - 2022
  2. Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Azerbaijan (FOB) - 2022
  3. Imports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Azerbaijan
  4. Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Azerbaijan

Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Azerbaijan (CIF) - 2022

In 2022, the average import price for handbags with outer surface of leather, composition leather, or patent leathers amounted to $11 per unit, increasing by 61% against the previous year. In general, the import price, however, recorded a noticeable curtailment. The pace of growth appeared the most rapid in 2014 when the average import price increased by 443%. The import price peaked at $85 per unit in 2015; however, from 2016 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 ($213 per unit), while the price for Turkey ($6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Azerbaijan (FOB) - 2022

The average export price for handbags with outer surface of leather, composition leather, or patent leathers stood at $294 per unit in 2022, jumping by 64% against the previous year. Overall, the export price enjoyed a significant expansion. The growth pace was the most rapid in 2016 an increase of 12,542%. As a result, the export price reached the peak level of $686 per unit. From 2017 to 2022, the average export prices remained at a somewhat 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 Italy ($382 per unit), while the average price for exports to Georgia ($15 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 Spain (+30.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Azerbaijan

In 2022, after three years of growth, there was significant decline in purchases abroad of handbags with outer surface of leather, composition leather, or patent leathers, when their volume decreased by -29.7% to 330K units. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 213%. As a result, imports reached the peak of 469K units, and then contracted dramatically in the following year.

In value terms, imports of handbags with outer surface of leather, composition leather, or patent leathers stood at $3.7M in 2022. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 24% against the previous year. Imports peaked at $3.8M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy2,7061,8481,8802,124-7.8%
China5533849491,06624.5%
Vietnam149131137131-4.2%
India38.820.629.856.413.3%
Turkey58.328.255.651.6-4.0%
Others2802362392921.4%
Total3,7842,6493,2913,722-0.5%

Top Suppliers of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather to Azerbaijan in 2022:

  1. China (97.8K units)
  2. Italy (10.0K units)
  3. Turkey (8.6K units)
  4. India (2.2K units)
  5. Vietnam (1.8K units)

Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Azerbaijan

For the third consecutive year, Azerbaijan recorded decline in shipments abroad of handbags with outer surface of leather, composition leather, or patent leathers, which decreased by -33.3% to 26 units in 2022. In general, exports continue to indicate a sharp decrease. The smallest decline of -22.5% was in 2020. The exports peaked at 151 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of handbags with outer surface of leather, composition leather, or patent leathers expanded sharply to $7.7K in 2022. Over the period under review, exports recorded a dramatic contraction. Over the period under review, the exports of attained the maximum at $42K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy7.11.13.06.1-4.9%
Spain33.313.93.41.5-64.4%
GeorgiaN/AN/AN/A0.10%
Cyprus1.5N/AN/AN/A0%
JordanN/A0.2N/AN/A0%
United StatesN/AN/AN/AN/A0%
PolandN/AN/AN/AN/A0%
TurkeyN/A0.10.1N/A0.0%
Others0.6N/A0.4N/A-18.4%
Total42.415.27.07.7-43.4%

Top Export Markets for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather from Azerbaijan in 2022:

  1. Italy (16.0 units)
  2. Georgia (5.0 units)
  3. Spain (4.0 units)
  4. United States (1.0 units)

Source: IndexBox Market Intelligence Platform

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