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

Contents:

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

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

In 2022, the average import price for handbags with outer surface of leather, composition leather, or patent leathers amounted to $40 per unit, with a decrease of -21.3% against the previous year. In general, the import price showed a mild curtailment. The growth pace was the most rapid in 2020 when the average import price increased by 92% against the previous year. The import price peaked at $69 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Netherlands ($63 per unit), while the price for China ($8.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+9.2%), 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 Hungary (FOB) - 2022

In 2022, the average export price for handbags with outer surface of leather, composition leather, or patent leathers amounted to $11 per unit, jumping by 23% against the previous year. Overall, the export price, however, saw a abrupt curtailment. The growth pace was the most rapid in 2020 when the average export price increased by 136%. Over the period under review, the average export prices hit record highs at $82 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($12 per unit), while the average price for exports to Niger ($0.3 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 Finland (+6.9%), 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 Hungary

In 2022, the amount of handbags with outer surface of leather, composition leather, or patent leathers imported into Hungary skyrocketed to 295K units, growing by 84% compared with the previous year. Over the period under review, imports, however, saw a abrupt downturn. Over the period under review, imports of hit record highs at 396K 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 surged to $12M in 2022. In general, total imports indicated pronounced growth from 2019 to 2022: its value increased at an average annual rate of +2.9% 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 +78.4% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Vietnam (80.1K units)
2. Poland (42.9K units)
3. Germany (26.5K units)
4. Netherlands (26.4K units)
5. Italy (20.6K units)
6. India (13.8K units)
7. Spain (9.5K units)
8. China (9.4K units)

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

In 2022, exports of handbags with outer surface of leather, composition leather, or patent leathers from Hungary skyrocketed to 741K units, increasing by 26% on the previous year. In general, exports, however, continue to indicate a pronounced curtailment. The exports peaked at 810K 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 $8.1M in 2022. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 71% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

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

1. Finland (207.7K units)
2. Italy (179.8K units)
3. Poland (91.9K units)
4. Slovenia (72.0K units)
5. Slovakia (62.2K units)
6. Czech Republic (56.1K units)
7. Romania (42.5K units)
8. Croatia (36.5K units)
9. Greece (33.7K units)
10. Niger (20.2K units)
11. Bulgaria (19.1K units)
12. Switzerland (15.6K units)
13. United Kingdom (1.5K units)

Source: IndexBox Market Intelligence Platform