Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Lithuania - 2023
Contents:
- Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Lithuania (CIF) - 2022
- Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Lithuania (FOB) - 2022
- Imports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Lithuania
- Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Lithuania
Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Lithuania (CIF) - 2022
In 2022, the average import price for handbags with outer surface of leather, composition leather, or patent leathers amounted to $63 per unit, dropping by -5.8% against the previous year. Over the last decade, it increased at an average annual rate of +3.4%. The most prominent rate of growth was recorded in 2013 an increase of 17% against the previous year. Over the period under review, average import prices reached the maximum at $66 per unit in 2021, and then shrank in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($746 per unit), while the price for India ($14 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+29.0%), 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 Lithuania (FOB) - 2022
The average export price for handbags with outer surface of leather, composition leather, or patent leathers stood at $43 per unit in 2022, shrinking by -42.4% against the previous year. Over the period under review, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when the average export price increased by 42% against the previous year. The export price peaked at $78 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($147 per unit), while the average price for exports to Kazakhstan ($12 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 Estonia (+11.6%), 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 Lithuania
In 2022, approx. 142K units of handbags with outer surface of leather, composition leather, or patent leathers were imported into Lithuania; with an increase of 2.8% on 2021. The total import volume increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 25%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of handbags with outer surface of leather, composition leather, or patent leathers declined slightly to $8.9M in 2022. The total import value increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 28% against the previous year. As a result, imports reached the peak of $9.2M, and then contracted modestly in the following year.
| Import of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 3,776 | 3,051 | 2,978 | 3,429 | -3.2% |
| Poland | 763 | 768 | 1,461 | 1,774 | 32.5% |
| Germany | 607 | 508 | 858 | 1,178 | 24.7% |
| France | 814 | 909 | 1,407 | 807 | -0.3% |
| Netherlands | 597 | 456 | 647 | 588 | -0.5% |
| Estonia | 311 | 193 | 133 | 202 | -13.4% |
| Spain | 450 | 589 | 662 | 144 | -31.6% |
| Latvia | 164 | 140 | 150 | 94.6 | -16.8% |
| Others | 517 | 559 | 856 | 651 | 8.0% |
| Total | 7,999 | 7,172 | 9,153 | 8,869 | 3.5% |
Top Suppliers of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather to Lithuania in 2022:
- Italy (47.6K units)
- Poland (40.4K units)
- Germany (12.7K units)
- France (10.9K units)
- Netherlands (8.6K units)
- Estonia (3.0K units)
- Spain (2.9K units)
- Latvia (2.8K units)
Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Lithuania
After two years of decline, shipments abroad of handbags with outer surface of leather, composition leather, or patent leathers increased by 75% to 137K units in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +8.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of handbags with outer surface of leather, composition leather, or patent leathers reached $5.9M in 2022. Overall, exports, however, saw a perceptible decrease. The growth pace was the most rapid in 2021 with an increase of 12%. The exports peaked at $6.3M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 4,292 | 3,138 | 3,533 | 3,478 | -6.8% |
| Poland | 118 | 132 | 214 | 351 | 43.8% |
| Estonia | 263 | 218 | 256 | 336 | 8.5% |
| Belarus | 312 | 254 | 389 | 249 | -7.2% |
| Kazakhstan | 39.2 | 20.0 | 82.5 | 246 | 84.5% |
| Czech Republic | 12.0 | 20.6 | 109 | 189 | 150.7% |
| Latvia | 492 | 380 | 231 | 186 | -27.7% |
| Finland | 6.2 | 0.1 | 0.9 | 75.3 | 129.9% |
| Kyrgyzstan | 3.5 | N/A | 0.2 | 74.7 | 177.4% |
| Others | 788 | 1,063 | 1,044 | 725 | -2.7% |
| Total | 6,325 | 5,225 | 5,860 | 5,908 | -2.2% |
Top Export Markets for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather from Lithuania in 2022:
- Russia (70.9K units)
- Kazakhstan (20.6K units)
- Belarus (14.6K units)
- Kyrgyzstan (5.7K units)
- Poland (5.0K units)
- Latvia (4.3K units)
- Finland (3.0K units)
- Czech Republic (2.3K units)
- Estonia (2.3K units)
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