Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in the United States - 2024

Contents:

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

Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in the United States (CIF) - 2024

The average import price for handbags with outer surface of plastic sheeting or of textile materialses stood at $8.1 per unit in December 2023, shrinking by -11.8% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 51% m-o-m. As a result, import price attained the peak level of $11.7 per unit. From April 2023 to December 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($18.3 per unit), while the price for Myanmar ($1.1 per unit) was amongst the lowest.

From February 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in the United States (FOB) - 2022

In 2022, the average export price for handbags with outer surface of plastic sheeting or of textile materialses amounted to $11 per unit, with an increase of 19% against the previous year. In general, the export price, however, showed a slight descent. The most prominent rate of growth was recorded in 2017 when the average export price increased by 23%. The export price peaked at $16 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($66 per unit), while the average price for exports to Mexico ($7.4 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 Mexico (+2.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in the United States

In 2022, the amount of handbags with outer surface of plastic sheeting or of textile materialses imported into the United States expanded remarkably to 256M units, increasing by 9.5% against 2021. Over the period under review, total imports indicated perceptible growth from 2019 to 2022: its volume increased at an average annual rate of +2.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 51% against the previous year. Imports peaked 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 skyrocketed to $1.9B in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +9.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.9% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 39% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cambodia23723332345924.6%
China506238343346-11.9%
Indonesia45.347.587.612941.7%
Vietnam11160.080.41202.6%
Philippines82.850.549.468.4-6.2%
India29.123.236.053.622.6%
Myanmar58.663.244.025.5-24.2%
Others37844465069922.7%
Total1,4471,1601,6131,9019.5%

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

  1. China (109.7M units)
  2. Cambodia (54.0M units)
  3. Vietnam (31.3M units)
  4. Myanmar (19.4M units)
  5. India (16.5M units)
  6. Indonesia (9.2M units)
  7. Philippines (4.0M units)

Exports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in the United States

In 2022, exports of handbags with outer surface of plastic sheeting or of textile materialses from the United States reached 14M units, approximately reflecting 2021 figures. The total export volume increased at an average annual rate of +6.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2020 with an increase of 15% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of handbags with outer surface of plastic sheeting or of textile materialses surged to $157M in 2022. In general, exports, however, showed a noticeable decrease. Over the period under review, the exports of reached the maximum at $178M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada11482.377.897.2-5.2%
Japan16.112.99.05.7-29.3%
Mexico6.23.94.34.8-8.2%
Others42.335.239.649.45.3%
Total178134131157-4.1%

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

  1. Canada (11.6M units)
  2. Mexico (0.6M units)
  3. Japan (0.1M units)

Source: IndexBox Market Intelligence Platform

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