Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Morocco - 2022
Contents:
- Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Morocco (FOB) - 2022
- Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Morocco (CIF) - 2022
- Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Morocco
- Imports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Morocco
Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Morocco (FOB) - 2022
The average export price for handbags with outer surface of leather, composition leather, or patent leathers stood at $28 per unit in 2022, with a decrease of -28.2% against the previous year. In general, the export price recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 when the average export price decreased by -0.3% against the previous year. Over the period under review, the average export prices attained the maximum at $66 per unit in 2012; however, from 2013 to 2022, the export prices remained at a 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 France ($54 per unit), while the average price for exports to Portugal ($0.9 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 Mauritania (+4.4%), while the prices for the other major destinations experienced a decline.
Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Morocco (CIF) - 2022
The average import price for handbags with outer surface of leather, composition leather, or patent leathers stood at $17 per unit in 2022, picking up by 43% against the previous year. In general, the import price, however, recorded a abrupt curtailment. The import price peaked at $59 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
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 Italy ($389 per unit), while the price for Turkey ($2.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+18.6%), 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 Morocco
Exports of handbags with outer surface of leather, composition leather, or patent leathers from Morocco soared to 863K units in 2022, growing by 65% on the previous year's figure. In general, exports saw a resilient increase. 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 surged to $24M in 2022. The total export value increased at an average annual rate of +1.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 22% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 18.5 | 12.9 | 16.4 | 19.1 | 1.1% |
| Spain | 2.9 | 2.7 | 2.7 | 3.6 | 7.5% |
| Belgium | 0.3 | 0.3 | 0.3 | 0.5 | 18.6% |
| Netherlands | 0.8 | 0.3 | 0.3 | 0.2 | -37.0% |
| Portugal | N/A | N/A | N/A | N/A | 0% |
| Others | 0.6 | 0.4 | 0.6 | 0.7 | 5.3% |
| Total | 23.1 | 16.6 | 20.3 | 24.1 | 1.4% |
Top Export Markets for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather from Morocco in 2022:
- Spain (405.1K units)
- France (351.5K units)
- Portugal (30.9K units)
- Belgium (16.4K units)
- Netherlands (8.5K units)
Imports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Morocco
In 2022, overseas purchases of handbags with outer surface of leather, composition leather, or patent leathers decreased by -36.7% to 628K units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, enjoyed significant growth. The growth pace was the most rapid in 2021 when imports increased by 180% against the previous year. As a result, imports reached the peak of 992K units, and then declined dramatically in the following year.
In value terms, imports of handbags with outer surface of leather, composition leather, or patent leathers shrank to $11M in 2022. The total import value increased at an average annual rate of +3.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. As a result, imports reached the peak of $12M, and then fell in the following year.
| Import of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 5.0 | 3.9 | 3.7 | 4.7 | -2.0% |
| Turkey | 0.3 | 1.2 | 4.0 | 1.2 | 58.7% |
| China | 0.8 | 0.8 | 1.0 | 0.8 | 0.0% |
| Spain | 1.3 | 0.6 | 0.5 | 0.5 | -27.3% |
| Others | 2.1 | 1.9 | 2.6 | 3.5 | 18.6% |
| Total | 9.5 | 8.3 | 11.7 | 10.6 | 3.7% |
Top Suppliers of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather to Morocco in 2022:
- Turkey (416.6K units)
- China (122.4K units)
- Spain (41.8K units)
- Italy (12.0K units)
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