Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in India - 2023

Contents:

  1. Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in India (FOB) - 2023
  2. Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in India (CIF) - 2023
  3. Exports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in India
  4. Imports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in India

Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in India (FOB) - 2023

In November 2023, the average export price for handbags with outer surface of plastic sheeting or of textile materialses amounted to $1.1 per unit, rising by 7.5% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 14% month-to-month. The export price peaked at $1.3 per unit in February 2023; however, from March 2023 to November 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($1.9 per unit), while the average price for exports to Chile ($415 per thousand units) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+3.3%), 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 India (CIF) - 2023

In November 2023, the average import price for handbags with outer surface of plastic sheeting or of textile materialses amounted to $618 per thousand units, with a decrease of -17.2% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 62% against the previous month. Over the period under review, average import prices reached the maximum at $846 per thousand units in May 2023; however, from June 2023 to November 2023, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From November 2022 to November 2023, the rate of growth in terms of prices for China amounted to +0.5% per month.

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

For the fourth consecutive year, India recorded growth in overseas shipments of handbags with outer surface of plastic sheeting or of textile materialses, which increased by 26% to 499M units in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +19.8% 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 +72.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 27% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, exports of handbags with outer surface of plastic sheeting or of textile materialses skyrocketed to $546M in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +19.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +80.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 44% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.

Export of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States77.270.412714322.8%
France23.235.373.862.439.1%
Germany39.341.936.149.88.2%
United Kingdom40.532.634.446.64.8%
Netherlands14.818.928.544.444.2%
Spain19.815.925.737.824.1%
Belgium6.65.811.523.452.5%
Italy13.39.210.720.916.3%
Japan13.313.215.018.912.4%
Australia7.88.812.814.021.5%
United Arab Emirates7.22.62.98.55.7%
Portugal3.83.02.95.714.5%
Poland2.62.42.85.729.9%
Others53.542.651.264.86.6%
Total32330243654619.1%

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

  1. Germany (67.4M units)
  2. Netherlands (62.6M units)
  3. United States (62.3M units)
  4. France (49.5M units)
  5. Spain (47.0M units)
  6. United Kingdom (43.8M units)
  7. Belgium (23.7M units)
  8. Australia (19.8M units)
  9. Japan (19.0M units)
  10. Italy (16.6M units)
  11. Poland (12.1M units)
  12. Portugal (10.6M units)
  13. United Arab Emirates (9.0M units)

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

Imports of handbags with outer surface of plastic sheeting or of textile materialses into India soared to 164M units in 2022, with an increase of 62% compared with the previous year's figure. Overall, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by 73% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of handbags with outer surface of plastic sheeting or of textile materialses surged to $135M in 2022. In general, imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 92% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

Import of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China90.233.653.484.6-2.1%
Others18.713.036.050.939.6%
Total10946.689.41357.4%

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

  1. China (163.3M units)

Source: IndexBox Market Intelligence Platform

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