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

Contents:

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

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

In December 2023, the average export price for handbags with outer surface of leather, composition leather, or patent leathers amounted to $847 per unit, surging by 19% against the previous month. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 an increase of 25% m-o-m. Over the period under review, the average export prices hit record highs at $992 per unit in October 2023; however, from November 2023 to December 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In December 2023, the country with the highest price was Singapore ($1,357 per unit), while the average price for exports to the UK ($837 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 Spain (+9.4%), 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 France (CIF) - 2023

In December 2023, the average import price for handbags with outer surface of leather, composition leather, or patent leathers amounted to $138 per unit, dropping by -13.4% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in August 2023 when the average import price increased by 28% against the previous month. Over the period under review, average import prices hit record highs at $183 per unit in April 2023; however, from May 2023 to December 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Switzerland ($824 per unit), while the price for Tunisia ($26.0 per unit) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Italy (+3.3%), 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 France

In 2022, exports of handbags with outer surface of leather, composition leather, or patent leathers from France contracted to 7.1M units, with a decrease of -12.7% compared with the year before. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +8.1% 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 +68.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 93% against the previous year. As a result, the exports attained the peak of 8.1M units, and then contracted in the following year.

In value terms, exports of handbags with outer surface of leather, composition leather, or patent leathers skyrocketed to $5.8B in 2022. Over the period under review, exports, however, posted a strong increase. The pace of growth appeared the most rapid in 2021 when exports increased by 54%. The exports peaked in 2022 and are likely to see steady growth in the near future.

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

1. China (1153.1K units)
2. United States (1088.9K units)
3. Italy (826.4K units)
4. Germany (460.9K units)
5. Singapore (424.3K units)
6. United Kingdom (420.1K units)
7. Spain (382.5K units)
8. South Korea (355.0K units)
9. Hong Kong SAR (350.8K units)
10. Belgium (224.9K units)
11. Netherlands (165.9K units)
12. Japan (155.8K units)
13. Thailand (152.0K units)

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

In 2022, the amount of handbags with outer surface of leather, composition leather, or patent leathers imported into France skyrocketed to 12M units, increasing by 16% against 2021 figures. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +6.3% 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 +57.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of handbags with outer surface of leather, composition leather, or patent leathers surged to $1.6B in 2022. The total import value increased at an average annual rate of +3.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. Italy (3.9M units)
2. India (2.0M units)
3. China (2.0M units)
4. Spain (0.8M units)
5. Netherlands (0.7M units)
6. Switzerland (0.6M units)
7. Morocco (0.3M units)
8. Tunisia (0.2M units)
9. Belgium (0.2M units)

Source: IndexBox Market Intelligence Platform