Eastern Europe: Handbag Market 2024

Handbag Market Size in Eastern Europe

The East European handbag market declined modestly to $X in 2022, reducing by X% against the previous year. In general, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Handbag Production in Eastern Europe

In value terms, handbag production soared to $X in 2022 estimated in export price. In general, production saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Handbag Exports

Exports in Eastern Europe

In 2022, overseas shipments of handbags increased by X% to X units, rising for the second consecutive year after two years of decline. Overall, exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, handbag exports expanded modestly to $X in 2022. Total exports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

Poland was the major exporter of handbags in Eastern Europe, with the volume of exports accounting for X units, which was approx. X% of total exports in 2022. It was distantly followed by Hungary (X units), the Czech Republic (X units) and Romania (X units), together generating a X% share of total exports. Slovakia (X units), Bulgaria (X units) and Belarus (X units) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to handbag exports from Poland stood at X%. At the same time, Belarus (X%), Hungary (X%), Slovakia (X%) and Bulgaria (X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, the Czech Republic (X%) and Romania (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Poland, Hungary and Belarus increased by X, X and X percentage points, respectively.

In value terms, Poland ($X) remains the largest handbag supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Romania ($X), with an X% share of total exports. It was followed by Bulgaria, with a X% share.

In Poland, handbag exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Romania (X% per year) and Bulgaria (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per unit, with a decrease of X% against the previous year. In general, the export price showed a slight decrease. The most prominent rate of growth was recorded in 2013 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Romania ($X per unit), while Hungary ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Handbag Imports

Imports in Eastern Europe

In 2022, overseas purchases of handbags increased by X% to X units, rising for the second consecutive year after three years of decline. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. The volume of import peaked at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, handbag imports shrank to $X in 2022. Total imports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, imports hit record highs at $X in 2021, and then reduced in the following year.

Imports by Country

Russia was the largest importer of handbags in Eastern Europe, with the volume of imports resulting at X units, which was near X% of total imports in 2022. It was distantly followed by Poland (X units), the Czech Republic (X units), Bulgaria (X units), Romania (X units) and Hungary (X units), together comprising a X% share of total imports. Ukraine (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Poland ($X) and the Czech Republic ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of total imports.

Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per unit in 2022, which is down by X% against the previous year. Import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, handbag import price decreased by X% against 2020 indices. The growth pace was the most rapid in 2013 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while Ukraine ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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