Price for Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Singapore - 2023
Contents:
- Price for Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Singapore (CIF) - 2022
- Price for Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Singapore (FOB) - 2022
- Imports of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Singapore
- Exports of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Singapore
Price for Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Singapore (CIF) - 2022
The average import price for handbags with outer surface of vulcanised fibre or of paperboards stood at $18 per unit in 2022, picking up by 103% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for handbags with outer surface of vulcanised fibre or of paperboards increased by +110.1% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 ($171 per unit), while the price for China ($5.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Singapore (FOB) - 2022
In 2022, the average export price for handbags with outer surface of vulcanised fibre or of paperboards amounted to $31 per unit, with an increase of 2.5% against the previous year. Over the period under review, the export price recorded a prominent increase. The growth pace was the most rapid in 2020 when the average export price increased by 110% against the previous year. Over the period under review, the average export prices attained the peak figure at $38 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($46 per unit), while the average price for exports to the United Arab Emirates ($9.8 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 the UK (+15.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Singapore
In 2022, the amount of handbags with outer surface of vulcanised fibre or of paperboards imported into Singapore dropped modestly to 7M units, remaining stable against the previous year's figure. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 52% against the previous year. As a result, imports reached the peak of 7.1M units, and then dropped slightly in the following year.
In value terms, imports of handbags with outer surface of vulcanised fibre or of paperboards soared to $125M in 2022. In general, imports, however, posted a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 19.2 | 9.9 | 32.4 | 83.6 | 63.3% |
| China | 23.9 | 12.3 | 14.9 | 24.3 | 0.6% |
| Malaysia | 2.9 | 1.0 | 1.2 | 1.3 | -23.5% |
| Hong Kong SAR | 1.9 | 0.7 | 1.0 | 1.3 | -11.9% |
| United States | 7.3 | 3.5 | 1.3 | 0.9 | -50.2% |
| Bangladesh | 0.5 | 0.2 | 0.5 | 0.8 | 17.0% |
| South Korea | 6.1 | 1.8 | 0.2 | 0.6 | -53.8% |
| Others | 17.9 | 10.2 | 10.9 | 11.8 | -13.0% |
| Total | 79.8 | 39.5 | 62.3 | 125 | 16.1% |
Top Suppliers of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard to Singapore in 2022:
- China (4203.3K units)
- France (487.7K units)
- Hong Kong SAR (168.7K units)
- Malaysia (148.9K units)
- Bangladesh (79.4K units)
- United States (26.8K units)
- South Korea (25.1K units)
Exports of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Singapore
After two years of decline, shipments abroad of handbags with outer surface of vulcanised fibre or of paperboards increased by 10% to 809K units in 2022. In general, exports, however, faced a sharp shrinkage. Over the period under review, the exports of attained the maximum at 2.6M 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 vulcanised fibre or of paperboards expanded sharply to $25M in 2022. Over the period under review, exports, however, faced a abrupt curtailment. Over the period under review, the exports of attained the peak figure at $38M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 14.7 | 8.9 | 12.0 | 17.2 | 5.4% |
| Malaysia | 5.4 | 4.2 | 2.4 | 2.0 | -28.2% |
| Australia | 3.5 | 2.2 | 0.5 | 0.7 | -41.5% |
| Thailand | 7.0 | 5.1 | 1.2 | 0.7 | -53.6% |
| Hong Kong SAR | 1.4 | 2.3 | 0.8 | 0.7 | -20.6% |
| United Arab Emirates | 0.1 | 0.1 | 0.3 | 0.3 | 44.2% |
| France | 0.7 | 0.2 | 0.7 | 0.3 | -24.6% |
| Vietnam | 0.3 | 0.5 | 0.5 | 0.3 | 0.0% |
| United States | 0.3 | 0.3 | 0.7 | 0.2 | -12.6% |
| Taiwan (Chinese) | 0.1 | 3.0 | 0.1 | 0.1 | 0.0% |
| Bangladesh | 0.4 | 0.1 | 0.1 | N/A | -50.0% |
| United Kingdom | 0.5 | 0.2 | 0.1 | N/A | -55.3% |
| Others | 4.2 | 3.2 | 2.6 | 2.4 | -17.0% |
| Total | 38.4 | 30.2 | 22.1 | 24.9 | -13.4% |
Top Export Markets for Handbags with Outer Surface of Vulcanised Fibre or of Paperboard from Singapore in 2022:
- Indonesia (517.7K units)
- Malaysia (83.9K units)
- Hong Kong SAR (31.4K units)
- United Arab Emirates (25.4K units)
- Australia (16.4K units)
- Thailand (15.4K units)
- France (14.8K units)
- United States (9.8K units)
- Bangladesh (9.3K units)
- Vietnam (8.2K units)
- Taiwan (Chinese) (2.9K units)
- United Kingdom (1.3K units)
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