Kazakhstan: Handbag Market 2024

Handbag Market Size in Kazakhstan

The Kazakh handbag market declined sharply to $X in 2022, which is down by X% against the previous year. In general, consumption recorded a noticeable reduction. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Handbag Production in Kazakhstan

In value terms, handbag production skyrocketed to $X in 2022 estimated in export price. In general, production, however, continues to indicate a deep reduction. Handbag production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Handbag Exports

Exports from Kazakhstan

In 2022, overseas shipments of handbags decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. In general, exports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, handbag exports declined rapidly to $X in 2022. Overall, exports saw a pronounced contraction. The pace of growth was the most pronounced in 2013 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X units) was the main destination for handbag exports from Kazakhstan, with a X% share of total exports. Moreover, handbag exports to Russia exceeded the volume sent to the second major destination, Kyrgyzstan (X units), sevenfold. France (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (X% per year) and France (X% per year).

In value terms, Russia ($X), France ($X) and Kyrgyzstan ($X) appeared to be the largest markets for handbag exported from Kazakhstan worldwide, with a combined X% share of total exports. Italy lagged somewhat behind, accounting for a further X%.

Among the main countries of destination, Italy, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average handbag export price amounted to $X per unit, increasing by X% against the previous year. In general, the export price continues to indicate prominent growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2020 to 2022, the average export prices remained 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 France ($X per unit), while the average price for exports to Russia ($X 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 Kyrgyzstan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Handbag Imports

Imports into Kazakhstan

In 2022, the amount of handbags imported into Kazakhstan dropped dramatically to X units, waning by X% compared with 2021 figures. Overall, imports recorded a pronounced contraction. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, handbag imports dropped rapidly to $X in 2022. In general, imports, however, posted a mild increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest handbag supplier to Kazakhstan, accounting for a X% share of total imports. Moreover, handbag imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), threefold.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Russia (X% per year).

In value terms, China ($X), Turkey ($X) and Russia ($X) appeared to be the largest handbag suppliers to Kazakhstan, together accounting for X% of total imports.

In terms of the main suppliers, Turkey, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average handbag import price stood at $X per unit in 2022, jumping by X% against the previous year. Overall, the import price recorded resilient growth. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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