Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Ecuador - 2022

Contents:

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

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

The average import price for handbags with outer surface of leather, composition leather, or patent leathers stood at $120 per unit in 2022, which is down by -7.3% against the previous year. Over the period under review, the import price, however, enjoyed moderate growth. The pace of growth appeared the most rapid in 2014 when the average import price increased by 139% against the previous year. As a result, import price reached the peak level of $248 per unit. From 2015 to 2022, the average import prices remained at a somewhat 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 Spain ($1,377 per unit), while the price for Hong Kong SAR ($20 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 (+7.7%), 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 Ecuador (FOB) - 2022

The average export price for handbags with outer surface of leather, composition leather, or patent leathers stood at $8.1 per unit in 2022, shrinking by -9% against the previous year. In general, the export price continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2016 an increase of 103% against the previous year. Over the period under review, the average export prices attained the maximum at $64 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($197 per unit), while the average price for exports to Costa Rica ($1.3 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 (+3.4%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of handbags with outer surface of leather, composition leather, or patent leathers imported into Ecuador surged to 12K units, with an increase of 50% compared with the year before. The total import volume increased at an average annual rate of +7.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of handbags with outer surface of leather, composition leather, or patent leathers skyrocketed to $1.4M in 2022. Over the period under review, imports, however, saw a abrupt shrinkage. Imports peaked at $2.2M 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 Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain782890602591-8.9%
China3401971163430.3%
Brazil92.742.230.312410.2%
Colombia90.527.154.967.4-9.4%
Hong Kong SAR0.41.135.954.2413.6%
Others940280191256-35.2%
Total2,2461,4381,0291,435-13.9%

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

  1. China (7.4K units)
  2. Hong Kong SAR (2.6K units)
  3. Colombia (0.5K units)
  4. Spain (0.4K units)
  5. Brazil (0.2K units)

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

In 2022, exports of handbags with outer surface of leather, composition leather, or patent leathers from Ecuador surged to 5.6K units, with an increase of 129% compared with 2021 figures. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of handbags with outer surface of leather, composition leather, or patent leathers surged to $46K in 2022. Overall, exports enjoyed a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PeruN/AN/AN/A21.00%
United States19.14.712.612.6-12.9%
Panama1.5N/A0.35.453.3%
Costa Rica0.61.31.12.458.7%
Canada2.52.93.30.9-28.9%
CubaN/AN/A3.10.6-80.6%
Chile3.03.5N/AN/A16.7%
Others1.47.41.53.028.9%
Total28.019.722.045.917.9%

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

  1. Peru (2126.0 units)
  2. Costa Rica (1812.0 units)
  3. Panama (1065.0 units)
  4. United States (466.0 units)
  5. Cuba (65.0 units)
  6. Canada (17.0 units)

Source: IndexBox Market Intelligence Platform

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