Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Algeria - 2022

Contents:

  1. Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Algeria (CIF) - 2022
  2. Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Algeria (FOB) - 2022
  3. Imports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Algeria
  4. Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Algeria

Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Algeria (CIF) - 2022

The average import price for handbags with outer surface of leather, composition leather, or patent leathers stood at $85 per unit in 2022, with a decrease of -55.9% against the previous year. Over the period under review, the import price, however, saw significant growth. The pace of growth appeared the most rapid in 2018 when the average import price increased by 1,050% against the previous year. Over the period under review, average import prices reached the maximum at $192 per unit in 2021, and then dropped rapidly in the following year.

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 ($1,194 per unit), while the price for China ($69 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 Arab Emirates (+49.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Algeria (FOB) - 2022

In 2022, the average export price for handbags with outer surface of leather, composition leather, or patent leathers amounted to $243 per unit, falling by -58.5% against the previous year. Overall, the export price, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 784%. The export price peaked at $584 per unit in 2021, and then declined markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($611 per unit), while the average price for exports to Namibia ($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 South Korea (+123.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Algeria

In 2022, approx. 21K units of handbags with outer surface of leather, composition leather, or patent leathers were imported into Algeria; rising by 63% on 2021. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of handbags with outer surface of leather, composition leather, or patent leathers reduced dramatically to $1.8M in 2022. Over the period under review, imports, however, continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 50%. As a result, imports attained the peak of $2.5M, and then reduced rapidly in the following year.

Import of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Algeria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.71.52.31.4-6.3%
Others0.30.20.20.410.1%
Total2.01.72.51.8-3.5%

Top Suppliers of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather to Algeria in 2022:

  1. China (21.0K units)

Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Algeria

For the fourth year in a row, Algeria recorded growth in shipments abroad of handbags with outer surface of leather, composition leather, or patent leathers, which increased by 32% to 75 units in 2022. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 192% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of handbags with outer surface of leather, composition leather, or patent leathers fell dramatically to $18K in 2022. Overall, exports enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 1,051%. Over the period under review, the exports of reached the peak figure at $33K in 2021, and then shrank significantly in the following year.

Export of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Algeria (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2853,8426,0634,889157.9%
Spain28.05311,1622,033317.2%
Poland2611,6392141,63784.4%
Canada25.01,0771,8071,549295.7%
South Korea16.0N/AN/A1,419346.0%
United Arab Emirates82.0952446750109.1%
New ZealandN/A41886251611.1%
IrelandN/AN/AN/A4180%
BelgiumN/AN/AN/A2390%
Netherlands13.0210263166133.7%
France28.02953,23014472.6%
TurkeyN/AN/A80.012151.2%
NamibiaN/AN/AN/A25.00%
Others3743,83919,1824,299125.7%
Total1,11212,80333,30918,205153.9%

Top Export Markets for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather from Algeria in 2022:

  1. Namibia (21.0 units)
  2. Spain (10.0 units)
  3. United States (8.0 units)
  4. South Korea (8.0 units)
  5. Turkey (7.0 units)
  6. Canada (7.0 units)
  7. United Arab Emirates (4.0 units)
  8. New Zealand (4.0 units)
  9. Poland (3.0 units)
  10. Ireland (3.0 units)
  11. Netherlands (2.0 units)
  12. France (2.0 units)
  13. Belgium (2.0 units)

Source: IndexBox Market Intelligence Platform

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