Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Hong Kong SAR - 2023
Contents:
- Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Hong Kong SAR (CIF) - 2022
- Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Hong Kong SAR (FOB) - 2022
- Imports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Hong Kong SAR
- Exports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Hong Kong SAR
Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Hong Kong SAR (CIF) - 2022
The average import price for handbags with outer surface of plastic sheeting or of textile materialses stood at $33 per unit in 2022, growing by 53% against the previous year. Overall, the import price posted a prominent increase. The pace of growth was the most pronounced in 2018 an increase of 57%. The import price peaked in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($804 per unit), while the price for India ($7.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for handbags with outer surface of plastic sheeting or of textile materialses amounted to $25 per unit, surging by 70% against the previous year. Over the period under review, the export price enjoyed a remarkable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
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 South Korea ($83 per unit), while the average price for exports to Japan ($7 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 Australia (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Hong Kong SAR
For the third year in a row, Hong Kong SAR recorded decline in supplies from abroad of handbags with outer surface of plastic sheeting or of textile materialses, which decreased by -50.8% to 16M units in 2022. In general, imports continue to indicate a dramatic setback. The smallest decline of -11.6% was in 2021. Over the period under review, imports of attained the maximum at 50M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of handbags with outer surface of plastic sheeting or of textile materialses fell remarkably to $518M in 2022. Over the period under review, imports continue to indicate a abrupt decrease. The smallest decline of -4.1% was in 2020. Over the period under review, imports of reached the peak figure at $907M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 445 | 554 | 273 | 240 | -18.6% |
| China | 280 | 167 | 170 | 110 | -26.8% |
| Vietnam | 10.7 | 11.6 | 16.0 | 14.2 | 9.9% |
| Cambodia | 3.5 | 4.5 | 11.4 | 9.4 | 39.0% |
| Indonesia | 1.7 | 1.7 | 9.0 | 5.1 | 44.2% |
| India | 0.8 | 0.7 | 1.1 | 2.3 | 42.2% |
| Others | 165 | 131 | 205 | 137 | -6.0% |
| Total | 907 | 870 | 685 | 518 | -17.0% |
Top Suppliers of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials to Hong Kong SAR in 2022:
- China (12.8M units)
- Vietnam (0.6M units)
- Indonesia (0.4M units)
- Cambodia (0.4M units)
- India (0.3M units)
- France (0.3M units)
Exports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Hong Kong SAR
For the third consecutive year, Hong Kong SAR recorded decline in shipments abroad of handbags with outer surface of plastic sheeting or of textile materialses, which decreased by -44.5% to 13M units in 2022. Overall, exports continue to indicate a dramatic descent. The smallest decline of -14.3% was in 2021. The exports peaked at 39M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of handbags with outer surface of plastic sheeting or of textile materialses dropped to $326M in 2022. In general, exports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 14%. Over the period under review, the exports of reached the maximum at $455M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 48.3 | 48.9 | 75.4 | 63.9 | 9.8% |
| South Korea | 3.6 | 4.4 | 4.2 | 43.9 | 130.2% |
| Taiwan (Chinese) | 14.2 | 18.2 | 15.6 | 27.0 | 23.9% |
| United States | 66.6 | 23.0 | 35.9 | 24.9 | -28.0% |
| Japan | 69.8 | 50.8 | 34.6 | 20.7 | -33.3% |
| Australia | 16.0 | 9.6 | 13.0 | 13.4 | -5.7% |
| Italy | 33.1 | 16.5 | 21.6 | 12.5 | -27.7% |
| Spain | 12.4 | 9.0 | 21.8 | 9.0 | -10.1% |
| United Kingdom | 26.3 | 12.7 | 14.6 | 8.1 | -32.5% |
| Philippines | 8.5 | 3.7 | 4.1 | 7.6 | -3.7% |
| Malaysia | 4.0 | 3.5 | 5.2 | 6.8 | 19.3% |
| France | 7.2 | 4.8 | 4.5 | 6.4 | -3.9% |
| Netherlands | 36.4 | 20.9 | 5.3 | 3.7 | -53.3% |
| Others | 109 | 76.9 | 90.0 | 78.6 | -10.3% |
| Total | 455 | 303 | 346 | 326 | -10.5% |
Top Export Markets for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials from Hong Kong SAR in 2022:
- Japan (2953.9K units)
- United States (2676.9K units)
- China (963.7K units)
- United Kingdom (883.5K units)
- Spain (619.7K units)
- South Korea (530.2K units)
- Australia (498.8K units)
- Taiwan (Chinese) (359.4K units)
- Philippines (328.4K units)
- France (300.7K units)
- Malaysia (285.9K units)
- Netherlands (242.4K units)
- Italy (227.8K units)
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