Price for Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in South Korea - 2022
Contents:
- Price for Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in South Korea (CIF) - 2022
- Price for Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in South Korea (FOB) - 2022
- Imports of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in South Korea
- Exports of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in South Korea
Price for Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in South Korea (CIF) - 2022
The average import price for handbags with outer surface of vulcanised fibre or of paperboards stood at $94 per unit in 2022, rising by 16% against the previous year. In general, the import price recorded resilient growth. The most prominent rate of growth was recorded in 2018 an increase of 131% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.
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 France ($492 per unit), while the price for Pakistan ($9.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+38.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in South Korea (FOB) - 2022
In 2022, the average export price for handbags with outer surface of vulcanised fibre or of paperboards amounted to $2.2 per unit, falling by -13.9% against the previous year. Over the period under review, the export price saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when the average export price increased by 111%. The export price peaked at $7.2 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($34 per unit), while the average price for exports to Thailand ($1.2 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 the Philippines (+20.8%), while the prices for the other major destinations experienced a decline.
Imports of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in South Korea
Imports of handbags with outer surface of vulcanised fibre or of paperboards into South Korea contracted markedly to 419K units in 2022, with a decrease of -54% on 2021. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 250% against the previous year. As a result, imports attained the peak of 910K units, and then dropped sharply in the following year.
In value terms, imports of handbags with outer surface of vulcanised fibre or of paperboards shrank rapidly to $40M in 2022. Over the period under review, imports, however, continue to indicate buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 317%. As a result, imports reached the peak of $74M, and then shrank significantly in the following year.
| Import of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 3.5 | 4.0 | 18.6 | 11.7 | 49.5% |
| France | 1.4 | 2.6 | 19.9 | 10.8 | 97.6% |
| Thailand | 8.1 | 1.3 | 0.8 | 6.5 | -7.1% |
| United States | 1.1 | 3.1 | 11.1 | 5.2 | 67.8% |
| Vietnam | 3.8 | 2.4 | 3.4 | 0.8 | -40.5% |
| Taiwan (Chinese) | 0.4 | 0.6 | 1.7 | 0.7 | 20.5% |
| China | 0.3 | 0.5 | 5.7 | 0.7 | 32.6% |
| Pakistan | 0.1 | 0.4 | 1.3 | 0.3 | 44.2% |
| Singapore | 1.2 | 1.1 | 0.6 | 0.1 | -56.3% |
| Cambodia | 1.4 | N/A | N/A | N/A | 0% |
| India | 0.1 | N/A | 0.7 | N/A | 164.6% |
| Myanmar | 1.0 | 0.3 | N/A | N/A | -70.0% |
| Others | 2.4 | 1.5 | 10.2 | 2.7 | 4.0% |
| Total | 24.8 | 17.8 | 74.2 | 39.6 | 16.9% |
Top Suppliers of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard to South Korea in 2022:
- Thailand (273.3K units)
- Pakistan (34.0K units)
- United States (31.2K units)
- Italy (24.1K units)
- France (22.0K units)
- Vietnam (11.4K units)
- Taiwan (Chinese) (8.8K units)
- China (8.5K units)
- India (3.2K units)
- Singapore (1.5K units)
- Myanmar (0.7K units)
Exports of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in South Korea
In 2022, overseas shipments of handbags with outer surface of vulcanised fibre or of paperboards decreased by -17.8% to 2.9M units, falling for the second year in a row after two years of growth. In general, exports faced a deep setback. The pace of growth was the most pronounced in 2020 when exports increased by 24%. As a result, the exports attained the peak of 5.7M units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of handbags with outer surface of vulcanised fibre or of paperboards fell remarkably to $6.4M in 2022. Overall, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 29% against the previous year. Over the period under review, the exports of hit record highs at $12M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 3.6 | 2.5 | 4.1 | 2.9 | -7.0% |
| Netherlands | N/A | N/A | N/A | 1.5 | 0% |
| Singapore | 6.1 | 1.8 | 0.3 | 0.5 | -56.6% |
| Tanzania | 0.3 | 0.8 | 1.2 | 0.5 | 18.6% |
| Philippines | 0.5 | 0.4 | 0.6 | 0.1 | -41.5% |
| Others | 1.5 | 1.5 | 2.9 | 0.9 | -15.7% |
| Total | 12.1 | 7.0 | 9.0 | 6.4 | -19.1% |
Top Export Markets for Handbags with Outer Surface of Vulcanised Fibre or of Paperboard from South Korea in 2022:
- Thailand (2447.1K units)
- Tanzania (259.2K units)
- Netherlands (108.9K units)
- Singapore (15.1K units)
- Philippines (15.0K units)
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