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

Contents:

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

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

The average export price for handbags with outer surface of leather, composition leather, or patent leathers stood at $12.5 per unit in July 2023, surging by 11% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 an increase of 77% m-o-m. As a result, the export price attained the peak level of $18.9 per unit. From June 2023 to July 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was France ($29.4 per unit), while the average price for exports to the United Arab Emirates ($9.8 per unit) was amongst the lowest.

From August 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for handbags with outer surface of leather, composition leather, or patent leathers stood at $940 per thousand units in July 2023, with an increase of 54% against the previous month. In general, the import price, however, saw a deep downturn. The growth pace was the most rapid in October 2022 when the average import price increased by 70% against the previous month. As a result, import price attained the peak level of $4.3 per unit. From November 2022 to July 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was China ($1.7 per unit), while the price for Canada ($187 per thousand units) was amongst the lowest.

From August 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (-3.3%), while the prices for the other major suppliers experienced a decline.

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

Exports of handbags with outer surface of leather, composition leather, or patent leathers from Pakistan rose rapidly to 386K units in 2022, picking up by 12% against 2021 figures. Over the period under review, exports, however, continue to indicate a abrupt decline. The exports peaked at 524K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of handbags with outer surface of leather, composition leather, or patent leathers rose slightly to $5M in 2022. Overall, exports, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 15% against the previous year. Over the period under review, the exports of reached the maximum at $6M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

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

1. Italy (100.3K units)
2. United States (84.8K units)
3. Australia (64.8K units)
4. Germany (27.8K units)
5. France (21.2K units)
6. United Kingdom (20.3K units)
7. Thailand (15.0K units)
8. Spain (9.7K units)

Imports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Pakistan

In 2022, the amount of handbags with outer surface of leather, composition leather, or patent leathers imported into Pakistan declined markedly to 1.5M units, waning by -55.6% on 2021. Over the period under review, imports faced a dramatic decrease. The pace of growth was the most pronounced in 2021 when imports increased by 2.8% against the previous year. Imports peaked at 3.7M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of handbags with outer surface of leather, composition leather, or patent leathers declined significantly to $2.2M in 2022. Overall, imports continue to indicate a significant contraction. The pace of growth appeared the most rapid in 2021 with an increase of 20%. Imports peaked at $5.5M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

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

1. China (964.1K units)
2. United States (203.7K units)
3. Canada (34.2K units)
4. United Arab Emirates (33.2K units)
5. France (32.7K units)
6. Japan (31.5K units)
7. Poland (28.2K units)
8. Germany (18.9K units)
9. South Korea (15.2K units)

Source: IndexBox Market Intelligence Platform