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

Contents:

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

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

The average import price for handbags with outer surface of leather, composition leather, or patent leathers stood at $123 per unit in 2022, declining by -1.8% against the previous year. In general, the import price, however, saw a resilient increase. The most prominent rate of growth was recorded in 2021 an increase of 87%. As a result, import price reached the peak level of $125 per unit, and then shrank slightly 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 the UK ($500 per unit), while the price for China ($34 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+26.1%), 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 Estonia (FOB) - 2022

The average export price for handbags with outer surface of leather, composition leather, or patent leathers stood at $146 per unit in 2022, dropping by -7.1% against the previous year. Overall, the export price, however, continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 134% against the previous year. Over the period under review, the average export prices hit record highs at $157 per unit in 2021, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($665 per unit), while the average price for exports to Latvia ($16 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 Poland (+33.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, purchases abroad of handbags with outer surface of leather, composition leather, or patent leathers was finally on the rise to reach 53K units after two years of decline. In general, imports, however, saw a abrupt decrease. Imports peaked at 63K 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 surged to $6.5M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +17.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom23.91487181,039251.6%
Netherlands53.3156398972163.2%
Italy966565760879-3.1%
Germany59.2265460569112.6%
Hong Kong SAR38.011.5152488134.2%
Japan1.31,150813415583.4%
Finland18.2250289368172.4%
Lithuania36.1223272305103.7%
Poland62.011114621852.1%
Vietnam1576.211.21947.3%
France62.587.388.611723.2%
China798150176101-49.8%
Spain16.221.733.036.130.6%
Others1,740693644790-23.1%
Total4,0323,8364,9616,48917.2%

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

  1. Italy (10.9K units)
  2. Germany (7.1K units)
  3. Finland (6.9K units)
  4. Netherlands (6.4K units)
  5. Poland (4.3K units)
  6. Lithuania (3.0K units)
  7. China (3.0K units)
  8. United Kingdom (2.1K units)
  9. France (1.6K units)
  10. Hong Kong SAR (1.1K units)
  11. Vietnam (1.0K units)
  12. Japan (1.0K units)
  13. Spain (0.9K units)

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

In 2022, shipments abroad of handbags with outer surface of leather, composition leather, or patent leathers increased by 28% to 27K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a deep slump. Over the period under review, the exports of hit record highs at 39K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of handbags with outer surface of leather, composition leather, or patent leathers surged to $4M in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +22.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +85.6% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 36% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

Export of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States13.73738281,049324.6%
Germany28530837739611.6%
Portugal12.211793.5383215.5%
United Kingdom64.028028127863.2%
Finland583297309226-27.1%
CanadaN/A16.288.2199250.5%
KazakhstanN/AN/A1.214211733.3%
Lithuania88.645.868.51107.5%
Sweden10516625285.3-6.7%
Russia39013227177.6-41.6%
Czech RepublicN/A3.932.954.5273.8%
Poland18.740.627.843.032.0%
Latvia14866.997.439.6-35.6%
Others44862464391827.0%
Total2,1562,4703,3714,00222.9%

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

  1. Finland (5.0K units)
  2. United States (2.7K units)
  3. Latvia (2.4K units)
  4. Sweden (1.5K units)
  5. Russia (1.5K units)
  6. Lithuania (1.4K units)
  7. Germany (1.3K units)
  8. Czech Republic (1.0K units)
  9. Portugal (0.7K units)
  10. Poland (0.5K units)
  11. United Kingdom (0.4K units)
  12. Canada (0.3K units)
  13. Kazakhstan (0.3K units)

Source: IndexBox Market Intelligence Platform

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