Price for Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Sri Lanka - 2022

Contents:

  1. Price for Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Sri Lanka (FOB) - 2022
  2. Price for Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Sri Lanka (CIF) - 2022
  3. Exports of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Sri Lanka
  4. Imports of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Sri Lanka

Price for Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Sri Lanka (FOB) - 2022

The average export price for handbags with outer surface of vulcanised fibre or of paperboards stood at $7.2 per unit in 2022, with an increase of 35% against the previous year. Overall, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for handbags with outer surface of vulcanised fibre or of paperboards increased by +140.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 78% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

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 Australia ($31 per unit), while the average price for exports to Maldives ($2.1 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 Oman (+53.6%), 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 Sri Lanka (CIF) - 2022

The average import price for handbags with outer surface of vulcanised fibre or of paperboards stood at $2.9 per unit in 2022, surging by 27% against the previous year. Overall, the import price continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2013 when the average import price increased by 340% against the previous year. The import price peaked at $9.2 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Singapore ($26 per unit), while the price for India ($0.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+70.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Sri Lanka

In 2022, overseas shipments of handbags with outer surface of vulcanised fibre or of paperboards decreased by -54.2% to 12K units, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a dramatic setback. The most prominent rate of growth was recorded in 2020 when exports increased by 59%. As a result, the exports reached the peak of 53K 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 contracted sharply to $87K in 2022. Over the period under review, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 15% against the previous year. As a result, the exports reached the peak of $157K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia1.231.39.033.8204.3%
Maldives48.8N/A22.717.1-29.5%
South Korea10.812.61.29.0-5.9%
OmanN/A59.670.27.1-65.5%
Norway0.56.23.96.4133.9%
Costa Rica0.94.92.54.368.4%
SwitzerlandN/A3.92.11.4-40.1%
Singapore55.81.50.11.2-72.2%
Seychelles8.11.03.20.3-66.7%
Papua New Guinea1.33.70.4N/A-44.5%
Others9.832.625.66.2-14.2%
Total13715714187.0-14.0%

Top Export Markets for Handbags with Outer Surface of Vulcanised Fibre or of Paperboard from Sri Lanka in 2022:

  1. Maldives (8.2K units)
  2. Australia (1.1K units)
  3. South Korea (1.0K units)
  4. Oman (0.8K units)
  5. Costa Rica (0.5K units)
  6. Norway (0.5K units)
  7. Switzerland (0.2K units)
  8. Singapore (0.1K units)
  9. Seychelles (0.1K units)

Imports of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Sri Lanka

In 2022, overseas purchases of handbags with outer surface of vulcanised fibre or of paperboards decreased by -89.2% to 28K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 905%. As a result, imports attained the peak of 263K units, and then dropped notably in the following year.

In value terms, imports of handbags with outer surface of vulcanised fibre or of paperboards declined significantly to $83K in 2022. Overall, imports recorded a slight descent. The most prominent rate of growth was recorded in 2021 with an increase of 752% against the previous year. As a result, imports reached the peak of $606K, and then plummeted in the following year.

Import of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand10.02.554.864.786.3%
Singapore21.545.219415.2-10.9%
India38.213.13082.9-57.7%
China7.63.93.9N/A-28.4%
United Arab Emirates2.3N/A25.0N/A229.7%
Others6.66.420.3N/A75.4%
Total86.271.260682.9-1.3%

Top Suppliers of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard to Sri Lanka in 2022:

  1. Thailand (24.4K units)
  2. India (3.3K units)
  3. Singapore (0.6K units)

Source: IndexBox Market Intelligence Platform

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