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

Contents:

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

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

In 2022, the average import price for handbags with outer surface of leather, composition leather, or patent leathers amounted to $150 per unit, approximately reflecting the previous year. Over the period under review, the import price showed buoyant growth. The pace of growth was the most pronounced in 2018 an increase of 150%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($370 per unit), while the price for Thailand ($44 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+26.2%), 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 Kenya (FOB) - 2022

In 2022, the average export price for handbags with outer surface of leather, composition leather, or patent leathers amounted to $79 per unit, jumping by 106% against the previous year. Over the period under review, the export price showed resilient growth. As a result, the export price reached the peak level and is likely to continue 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 the United States ($371 per unit), while the average price for exports to Botswana ($4.1 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 Australia (+26.9%), 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 Kenya

In 2022, imports of handbags with outer surface of leather, composition leather, or patent leathers into Kenya skyrocketed to 1.4K units, increasing by 26% on the year before. In general, imports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 56%. Over the period under review, imports of hit record highs at 1.9K 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 $215K in 2022. Over the period under review, imports, however, recorded a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 67%. Over the period under review, imports of attained the peak figure at $270K 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 Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China16250.679.787.5-18.6%
Hungary19.70.125.641.928.6%
United States1.58.03.731.5175.9%
Canada14.97.73.67.7-19.8%
Belgium4.15.424.57.019.5%
United Arab Emirates2.90.23.35.926.7%
Hong Kong SAR1.50.26.64.746.3%
India3.64.14.34.68.5%
Turkey0.80.10.12.750.0%
Germany10.85.84.01.9-44.0%
South Africa18.03.11.91.7-54.5%
Others30.016.713.017.7-16.1%
Total270102170215-7.3%

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

  1. Hungary (740.0 units)
  2. China (249.0 units)
  3. India (91.0 units)
  4. United States (85.0 units)
  5. Canada (61.0 units)
  6. Turkey (51.0 units)
  7. Hong Kong SAR (29.0 units)
  8. United Arab Emirates (28.0 units)
  9. Belgium (27.0 units)
  10. South Africa (13.0 units)
  11. Germany (7.0 units)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of handbags with outer surface of leather, composition leather, or patent leathers, when their volume decreased by -93.4% to 1.1K units. Overall, exports recorded a significant contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 290%. Over the period under review, the exports of hit record highs at 16K units in 2021, and then dropped remarkably in the following year.

In value terms, exports of handbags with outer surface of leather, composition leather, or patent leathers dropped significantly to $85K in 2022. Over the period under review, exports faced a abrupt setback. The most prominent rate of growth was recorded in 2020 when exports increased by 145%. Over the period under review, the exports of hit record highs at $628K in 2021, and then dropped remarkably in the following year.

Export of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14.030.80.724.019.7%
South KoreaN/A1.127.714.1258.0%
United States34.729.422714.1-25.9%
Australia14.230.014.95.8-25.8%
Liberia2.07.68.61.1-18.1%
Taiwan (Chinese)3.210.946.51.1-29.9%
United Kingdom7.62.16.30.8-52.8%
Sierra Leone1.55.15.40.7-22.4%
South Sudan25.35.05.60.5-73.0%
Kuwait0.64.421.90.3-20.6%
Canada1.60.810.90.1-60.3%
Somalia0.31.89.5N/A462.7%
United Arab Emirates0.10.979.1N/A2712.5%
Others38.222116422.5-16.2%
Total14335162885.2-15.9%

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

  1. China (3794.0 units)
  2. South Korea (284.0 units)
  3. Liberia (244.0 units)
  4. United Kingdom (45.0 units)
  5. United States (38.0 units)
  6. South Sudan (38.0 units)
  7. Sierra Leone (25.0 units)
  8. Taiwan (Chinese) (23.0 units)
  9. Australia (21.0 units)
  10. Canada (10.0 units)
  11. Kuwait (6.0 units)
  12. United Arab Emirates (1.0 units)
  13. Somalia (1.0 units)

Source: IndexBox Market Intelligence Platform

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