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

Contents:

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

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

In December 2023, the average import price for handbags with outer surface of leather, composition leather, or patent leathers amounted to $133 per unit, approximately equating the previous month. Over the last twelve months, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 43% m-o-m. The import price peaked at $133 per unit in June 2023; however, from July 2023 to December 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the UK ($223 per unit), while the price for India ($18.1 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 Vietnam (+5.4%), 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 Germany (FOB) - 2022

In 2022, the average export price for handbags with outer surface of leather, composition leather, or patent leathers amounted to $123 per unit, increasing by 29% against the previous year. Overall, the export price recorded a resilient expansion. The growth pace was the most rapid in 2018 when the average export price increased by 31%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Macao SAR ($1,463 per unit), while the average price for exports to Poland ($24 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 the United States (+18.8%), 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 Germany

In 2022, the amount of handbags with outer surface of leather, composition leather, or patent leathers imported into Germany expanded remarkably to 6.5M units, surging by 14% compared with the previous year's figure. Over the period under review, imports, however, recorded a noticeable reduction. Over the period under review, imports of reached the peak figure at 7.3M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of handbags with outer surface of leather, composition leather, or patent leathers declined modestly to $569M in 2022. In general, imports, however, recorded a noticeable decline. The pace of growth was the most pronounced in 2021 when imports increased by 15%. Imports peaked at $607M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France12516621022621.8%
Italy262171188157-15.7%
Netherlands16.329.132.639.834.7%
India44.124.933.834.9-7.5%
China45.912.718.624.4-19.0%
Poland16.322.423.622.311.0%
Romania8.44.85.69.54.2%
Cambodia6.83.13.23.5-19.9%
Others81.466.259.751.9-13.9%
Total607500575569-2.1%

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

  1. India (1609.7K units)
  2. Italy (1343.6K units)
  3. China (925.7K units)
  4. Poland (795.8K units)
  5. Netherlands (670.8K units)
  6. France (318.2K units)
  7. Romania (128.3K units)
  8. Cambodia (94.2K units)

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

In 2022, the amount of handbags with outer surface of leather, composition leather, or patent leathers exported from Germany rose slightly to 3.5M units, increasing by 1.8% on the previous year. Over the period under review, exports, however, saw a mild reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 12%. Over the period under review, the exports of attained the peak figure at 3.6M 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 skyrocketed to $424M in 2022. In general, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.2% 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 +73.6% against 2019 indices. As a result, the exports attained 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 Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Macao SAR6.812.026.1133169.4%
United States13.217.536.732.535.0%
South Korea14.716.328.530.026.8%
Switzerland24.823.926.926.72.5%
Austria13.812.815.521.115.2%
Poland21.025.224.720.6-0.6%
France25.431.926.213.0-20.0%
United Kingdom10.16.313.511.13.2%
Italy13.113.016.210.6-6.8%
Netherlands6.95.05.88.67.6%
Belgium3.22.73.84.411.2%
Czech Republic2.31.82.52.98.0%
Croatia0.10.41.32.8203.7%
Others88.786.395.91076.5%
Total24425532442420.2%

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

  1. Poland (869.0K units)
  2. Austria (452.2K units)
  3. France (219.0K units)
  4. Netherlands (204.2K units)
  5. Italy (185.5K units)
  6. Switzerland (179.1K units)
  7. Belgium (165.1K units)
  8. Czech Republic (95.6K units)
  9. Macao SAR (90.6K units)
  10. United Kingdom (76.4K units)
  11. United States (57.8K units)
  12. Croatia (57.7K units)
  13. South Korea (57.5K units)

Source: IndexBox Market Intelligence Platform

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