Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Thailand - 2024

Contents:

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

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

The average import price for handbags with outer surface of leather, composition leather, or patent leathers stood at $992 per unit in 2022, jumping by 23% against the previous year. Overall, the import price showed a significant increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 194% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in the near future.

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 ($2,083 per unit), while the price for India ($30 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.9%), 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 Thailand (FOB) - 2022

The average export price for handbags with outer surface of leather, composition leather, or patent leathers stood at $81 per unit in 2022, falling by -20.3% against the previous year. Over the period under review, the export price, however, showed a resilient increase. The growth pace was the most rapid in 2016 an increase of 48% against the previous year. Over the period under review, the average export prices attained the peak figure at $102 per unit in 2021, and then declined remarkably in the following year.

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 Italy ($242 per unit), while the average price for exports to Pakistan ($1.8 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 Sri Lanka (+30.4%), 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 Thailand

In 2022, after two years of decline, there was significant growth in overseas purchases of handbags with outer surface of leather, composition leather, or patent leathers, when their volume increased by 21% to 252K units. Overall, imports, however, recorded a dramatic contraction. Imports peaked at 568K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of handbags with outer surface of leather, composition leather, or patent leathers surged to $250M in 2022. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 58%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Import of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy50.957.489.213638.8%
France29.336.965.796.148.6%
Spain3.12.84.48.137.7%
China6.13.22.63.7-15.4%
Vietnam1.00.80.81.00.0%
India1.10.4N/A0.2-43.3%
Others6.44.44.45.1-7.3%
Total97.810616725036.7%

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

  1. Italy (123.5K units)
  2. France (46.1K units)
  3. China (39.0K units)
  4. Spain (7.4K units)
  5. Vietnam (7.0K units)
  6. India (5.7K units)

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

In 2022, overseas shipments of handbags with outer surface of leather, composition leather, or patent leathers were finally on the rise to reach 345K units after two years of decline. In general, exports posted a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of handbags with outer surface of leather, composition leather, or patent leathers surged to $28M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +6.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.9% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France3,6902,4553,6095,76716.0%
Hong Kong SAR1,6738721,7332,35512.1%
Italy1,7911,7271,4432,0594.8%
Japan1,8871,2439631,352-10.5%
South Korea87834467.91,32914.8%
Switzerland3982,8633,10778425.4%
United Kingdom5072822785673.8%
Myanmar10516.915.237152.3%
Netherlands4.0120129362349.0%
Spain16716746.62189.3%
Pakistan7.010.6N/A173191.3%
Sri LankaN/A2.80.5126570.8%
Ethiopia13.32.10.972.375.8%
Others11,7645,7786,62712,4091.8%
Total22,88515,88418,02227,9456.9%

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

  1. Pakistan (98.1K units)
  2. France (54.6K units)
  3. Ethiopia (27.7K units)
  4. South Korea (23.5K units)
  5. Hong Kong SAR (18.7K units)
  6. Japan (18.2K units)
  7. Spain (14.6K units)
  8. Myanmar (9.8K units)
  9. Italy (8.5K units)
  10. Switzerland (7.0K units)
  11. Netherlands (6.2K units)
  12. Sri Lanka (6.1K units)
  13. United Kingdom (6.0K units)

Source: IndexBox Market Intelligence Platform

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