Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Bulgaria - 2023

Contents:

1. Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Bulgaria (FOB) - 2023
2. Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Bulgaria (CIF) - 2022
3. Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Bulgaria
4. Imports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Bulgaria

Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Bulgaria (FOB) - 2023

In December 2023, the average export price for handbags with outer surface of leather, composition leather, or patent leathers amounted to $44.6 per unit, shrinking by -3.4% against the previous month. Over the period under review, the export price recorded a slight decline. The pace of growth appeared the most rapid in April 2023 an increase of 24% against the previous month. The export price peaked at $55.8 per unit in December 2022; however, from January 2023 to December 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was the UK ($41.4 per unit), while the average price for exports to North Macedonia ($1.0 per unit) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+58.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for handbags with outer surface of leather, composition leather, or patent leathers amounted to $47 per unit, increasing by 58% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 200%. Over the period under review, average import prices hit record highs at $50 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 France ($245 per unit), while the price for China ($6.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, overseas shipments of handbags with outer surface of leather, composition leather, or patent leathers were finally on the rise to reach 715K units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a abrupt decrease. Over the period under review, the exports of reached the maximum at 1.1M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of handbags with outer surface of leather, composition leather, or patent leathers shrank to $38M in 2022. Overall, exports, however, saw a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 1.9% against the previous year. As a result, the exports reached the peak of $46M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Italy (648.8K units)
2. China (18.8K units)

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

In 2022, the amount of handbags with outer surface of leather, composition leather, or patent leathers imported into Bulgaria shrank sharply to 165K units, declining by -19.2% on the year before. Overall, imports saw a sharp setback. Imports peaked at 843K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of handbags with outer surface of leather, composition leather, or patent leathers soared to $7.7M in 2022. The total import value increased at an average annual rate of +7.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, imports of reached the peak figure at $7.8M in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

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

1. China (78.8K units)
2. Italy (26.0K units)
3. Poland (22.2K units)
4. Spain (18.1K units)
5. Turkey (17.2K units)
6. Germany (9.5K units)
7. Romania (4.2K units)
8. Greece (0.7K units)

Source: IndexBox Market Intelligence Platform