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

Contents:

  1. Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Canada (CIF) - 2022
  2. Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Canada (FOB) - 2024
  3. Imports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Canada
  4. Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Canada

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

In 2022, the average import price for handbags with outer surface of leather, composition leather, or patent leathers amounted to $78 per unit, falling by -21.7% against the previous year. In general, the import price, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2021 an increase of 59%. As a result, import price attained the peak level of $100 per unit, and then reduced 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 Italy ($406 per unit), while the price for China ($14 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+20.0%), 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 Canada (FOB) - 2024

In January 2024, the average export price for handbags with outer surface of leather, composition leather, or patent leathers amounted to $25.8 per unit, declining by -23.7% against the previous month. In general, the export price showed a abrupt contraction. The most prominent rate of growth was recorded in June 2023 an increase of 77% month-to-month. Over the period under review, the average export prices reached the maximum at $75.8 per unit in February 2023; however, from March 2023 to January 2024, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In January 2024, the country with the highest price was Italy ($310 per unit), while the average price for exports to the United Arab Emirates ($4.1 per unit) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+8.7%), 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 Canada

In 2022, overseas purchases of handbags with outer surface of leather, composition leather, or patent leathers increased by 54% to 4.6M units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a drastic downturn. Imports peaked at 6.1M 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 skyrocketed to $356M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +8.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 47% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Import of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy10986.41261439.5%
France50.346.573.983.418.4%
Cambodia11.69.219.127.132.7%
Vietnam30.815.818.522.6-9.8%
United States9.55.911.214.114.1%
China23.59.710.012.8-18.3%
India5.53.85.38.817.0%
Indonesia6.63.84.48.58.8%
Others29.220.827.936.07.2%
Total2762022963568.9%

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

  1. France (2028.1K units)
  2. Cambodia (981.0K units)
  3. China (906.5K units)
  4. Vietnam (666.4K units)
  5. India (461.9K units)
  6. United States (406.5K units)
  7. Italy (352.2K units)
  8. Indonesia (352.0K units)

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

In 2022, the amount of handbags with outer surface of leather, composition leather, or patent leathers exported from Canada skyrocketed to 663K units, picking up by 31% compared with the previous year's figure. Overall, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +17.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +84.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 41%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of handbags with outer surface of leather, composition leather, or patent leathers rose rapidly to $25M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +17.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 44% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6.37.38.912.425.3%
Hong Kong SAR2.72.24.34.922.0%
Singapore0.10.31.01.4141.0%
Taiwan (Chinese)0.80.70.90.94.0%
China0.70.61.10.98.7%
Iraq0.10.10.10.226.0%
Kenya0.20.10.10.1-20.6%
Others4.44.46.23.9-3.9%
Total15.215.722.624.617.4%

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

  1. Hong Kong SAR (230.7K units)
  2. United States (181.6K units)
  3. Taiwan (Chinese) (148.3K units)
  4. China (21.4K units)
  5. Singapore (15.7K units)
  6. Iraq (11.9K units)
  7. Kenya (10.4K units)

Source: IndexBox Market Intelligence Platform

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