Price for Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Pakistan - 2023
Contents:
- Price for Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Pakistan (FOB) - 2022
- Price for Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Pakistan (CIF) - 2023
- Exports of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Pakistan
- Imports of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Pakistan
Price for Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Pakistan (FOB) - 2022
In 2022, the average export price for handbags with outer surface of vulcanised fibre or of paperboards amounted to $5.1 per unit, with an increase of 6.5% against the previous year. Overall, the export price showed a temperate expansion. The most prominent rate of growth was recorded in 2015 an increase of 46%. Over the period under review, the average export prices attained the peak figure at $9.9 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($6 per unit) and China ($5.8 per unit), while the average price for exports to Japan ($4.4 per unit) and Brazil ($4.5 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Pakistan (CIF) - 2023
In July 2023, the average import price for handbags with outer surface of vulcanised fibre or of paperboards amounted to $1.1 per unit, dropping by -17.3% against the previous month. Over the period under review, the import price saw a abrupt curtailment. The most prominent rate of growth was recorded in October 2022 an increase of 11% against the previous month. The import price peaked at $5.0 per unit in August 2022; however, from September 2022 to July 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From August 2022 to July 2023, the rate of growth in terms of prices for China amounted to -13.7% per month.
Exports of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Pakistan
For the fourth consecutive year, Pakistan recorded growth in shipments abroad of handbags with outer surface of vulcanised fibre or of paperboards, which increased by 22% to 3.2M units in 2022. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 1,370% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, exports of handbags with outer surface of vulcanised fibre or of paperboards skyrocketed to $16M in 2022. In general, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 679% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 277 | 2,978 | 4,097 | 5,756 | 174.9% |
| United States | 64.0 | 1,362 | 1,262 | 1,943 | 212.0% |
| United Kingdom | 229 | 693 | 754 | 748 | 48.4% |
| France | 0.9 | 73.0 | 141 | 724 | 830.0% |
| Brazil | 79.9 | 664 | 419 | 703 | 106.4% |
| United Arab Emirates | 81.4 | 577 | 282 | 606 | 95.3% |
| Japan | 110 | 613 | 327 | 529 | 68.8% |
| China | 204 | 871 | 844 | 520 | 36.6% |
| Italy | 65.2 | 332 | 594 | 467 | 92.8% |
| Spain | 38.3 | 293 | 276 | 452 | 127.7% |
| Mexico | 49.4 | 261 | 207 | 375 | 96.5% |
| Malaysia | 15.2 | 214 | 167 | 331 | 179.3% |
| Philippines | 26.0 | 198 | 174 | 262 | 116.0% |
| Others | 379 | 3,471 | 3,006 | 2,887 | 96.8% |
| Total | 1,618 | 12,603 | 12,551 | 16,301 | 116.0% |
Top Export Markets for Handbags with Outer Surface of Vulcanised Fibre or of Paperboard from Pakistan in 2022:
- Germany (1146.8K units)
- United States (322.5K units)
- United Kingdom (166.1K units)
- Brazil (156.6K units)
- France (132.7K units)
- Japan (120.2K units)
- United Arab Emirates (109.9K units)
- China (89.0K units)
- Spain (86.2K units)
- Italy (83.7K units)
- Mexico (80.4K units)
- Malaysia (61.2K units)
- Philippines (57.1K units)
Imports of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Pakistan
After three years of growth, overseas purchases of handbags with outer surface of vulcanised fibre or of paperboards decreased by -58.3% to 996K units in 2022. Overall, imports recorded a slight contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 103%. As a result, imports attained the peak of 2.4M units, and then shrank significantly in the following year.
In value terms, imports of handbags with outer surface of vulcanised fibre or of paperboards contracted dramatically to $3.3M in 2022. Over the period under review, total imports indicated temperate growth from 2019 to 2022: its value increased at an average annual rate of +2.1% 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 +49.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 100% against the previous year. As a result, imports attained the peak of $4.3M, and then plummeted in the following year.
| Import of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.0 | 2.1 | 4.2 | 3.1 | 1.1% |
| United States | N/A | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 3.1 | 2.2 | 4.3 | 3.3 | 2.1% |
Top Suppliers of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard to Pakistan in 2022:
- China (937.8K units)
- United States (15.7K units)
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