Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in China - 2024

Contents:

1. Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in China (FOB) - 2024
2. Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in China (CIF) - 2022
3. Exports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in China
4. Imports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in China

Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in China (FOB) - 2024

The average export price for handbags with outer surface of plastic sheeting or of textile materialses stood at $3.7 per unit in December 2023, growing by 19% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2023 when the average export price increased by 30% month-to-month. The export price peaked in December 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Malaysia ($5.7 per unit), while the average price for exports to the Philippines ($1.3 per unit) was amongst the lowest.

From February 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in China (CIF) - 2022

The average import price for handbags with outer surface of plastic sheeting or of textile materialses stood at $152 per unit in 2022, dropping by -8.3% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 66% against the previous year. Over the period under review, average import prices hit record highs at $166 per unit in 2021, and then shrank in the following year.

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 ($743 per unit), while the price for Bangladesh ($19 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in China

In 2022, approx. 1.9B units of handbags with outer surface of plastic sheeting or of textile materialses were exported from China; picking up by 5.8% on 2021 figures. Over the period under review, exports, however, saw a perceptible setback. The most prominent rate of growth was recorded in 2021 when exports increased by 13%. The exports peaked at 2.1B units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of handbags with outer surface of plastic sheeting or of textile materialses surged to $6.5B in 2022. Overall, total exports indicated pronounced growth from 2019 to 2022: its value increased at an average annual rate of +4.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 36%. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials from China in 2022:

1. United States (314.9M units)
2. Japan (209.7M units)
3. Netherlands (85.8M units)
4. South Korea (79.9M units)
5. Spain (70.2M units)
6. Mexico (67.1M units)
7. Germany (54.2M units)
8. United Kingdom (49.4M units)
9. Russia (49.4M units)
10. Italy (47.7M units)
11. Philippines (44.8M units)
12. Malaysia (42.2M units)
13. France (40.5M units)

Imports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in China

In 2022, purchases abroad of handbags with outer surface of plastic sheeting or of textile materialses decreased by -8.9% to 11M units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +9.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 21% against the previous year. Over the period under review, imports of reached the maximum at 12M units in 2021, and then dropped in the following year.

In value terms, imports of handbags with outer surface of plastic sheeting or of textile materialses reduced sharply to $1.7B in 2022. Overall, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 101% against the previous year. Imports peaked at $2.1B in 2021, and then shrank sharply in the following year.

Top Suppliers of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials to China in 2022:

1. France (9.5M units)
2. Vietnam (2.5M units)
3. Cambodia (1.2M units)
4. Bangladesh (1.1M units)
5. Italy (0.9M units)
6. Indonesia (0.7M units)
7. South Korea (0.5M units)
8. Philippines (0.4M units)
9. India (0.4M units)

Source: IndexBox Market Intelligence Platform