Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in the Dominican Republic - 2023

Contents:

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

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

In 2022, the average import price for handbags with outer surface of leather, composition leather, or patent leathers amounted to $35 per unit, surging by 136% against the previous year. Overall, the import price showed significant growth. The pace of growth was the most pronounced in 2019 an increase of 177%. Over the period under review, average import prices attained the peak figure 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 Spain ($54 per unit), while the price for Panama ($5.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+28.9%), 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 the Dominican Republic (FOB) - 2022

In 2022, the average export price for handbags with outer surface of leather, composition leather, or patent leathers amounted to $26 per unit, shrinking by -64.8% against the previous year. Overall, the export price showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 an increase of 283%. The export price peaked at $73 per unit in 2021, and then fell notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($412 per unit), while the average price for exports to Cuba ($14 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 Spain (+19.0%), 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 the Dominican Republic

In 2022, the amount of handbags with outer surface of leather, composition leather, or patent leathers imported into the Dominican Republic reduced remarkably to 128K units, declining by -32.5% against 2021. Over the period under review, imports, however, saw resilient growth. The growth pace was the most rapid in 2021 with an increase of 272%. As a result, imports attained the peak of 190K units, and then dropped dramatically in the following year.

In value terms, imports of handbags with outer surface of leather, composition leather, or patent leathers surged to $4.5M in 2022. Overall, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 128%. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in years to come.

Import of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1512246561,406110.4%
France2582196351,32372.4%
Spain64544673388711.2%
China44523762569416.0%
United States16.75.96.720.57.1%
Others21899.6154152-11.3%
Total1,7351,2312,8114,48137.2%

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

  1. Italy (25.8K units)
  2. France (24.3K units)
  3. China (19.0K units)
  4. Spain (16.3K units)
  5. United States (1.8K units)

Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in the Dominican Republic

In 2022, exports of handbags with outer surface of leather, composition leather, or patent leathers from the Dominican Republic soared to 5.7K units, increasing by 475% compared with 2021. Overall, exports, however, recorded a abrupt contraction. Over the period under review, the exports of reached the maximum at 8.7K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of handbags with outer surface of leather, composition leather, or patent leathers surged to $146K in 2022. In general, exports showed a mild expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States51.729.06.876.714.1%
Spain46.724.724.853.64.7%
ItalyN/AN/A22.713.5-40.5%
CubaN/A0.4N/A0.732.3%
Venezuela1.9N/AN/AN/A0%
Haiti4.4N/A2.9N/A-18.8%
Guatemala1.4N/AN/AN/A0%
France33.2N/A13.9N/A-35.3%
Others1.60.30.71.1-11.7%
Total14154.471.81461.2%

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

  1. United States (1.8K units)
  2. Italy (0.2K units)
  3. Cuba (0.1K units)
  4. Spain (0.1K units)

Source: IndexBox Market Intelligence Platform

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