Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Portugal - 2023
Contents:
- Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Portugal (CIF) - 2022
- Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Portugal (FOB) - 2023
- Imports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Portugal
- Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Portugal
Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Portugal (CIF) - 2022
The average import price for handbags with outer surface of leather, composition leather, or patent leathers stood at $97 per unit in 2022, picking up by 23% against the previous year. Overall, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +7.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 an increase of 25% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.
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 ($362 per unit), while the price for China ($15 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+13.4%), 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 Portugal (FOB) - 2023
In December 2023, the average export price for handbags with outer surface of leather, composition leather, or patent leathers amounted to $98.1 per unit, rising by 2.8% against the previous month. Overall, export price indicated temperate growth from December 2022 to December 2023: its price increased at an average monthly rate of +4.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, export price for handbags with outer surface of leather, composition leather, or patent leathers increased by +94.3% against August 2023 indices. The growth pace was the most rapid in October 2023 an increase of 46% month-to-month. Over the period under review, the average export prices attained the maximum in December 2023.
There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was the United States ($299 per unit), while the average price for exports to France ($63.5 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+19.8%), 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 Portugal
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 9.3% to 524K units. In general, imports, however, saw a abrupt descent. Imports peaked at 645K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of handbags with outer surface of leather, composition leather, or patent leathers surged to $51M in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. Imports peaked at $51M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 15.3 | 9.6 | 10.7 | 18.5 | 6.5% |
| Italy | 10.1 | 7.2 | 7.9 | 12.5 | 7.4% |
| Spain | 17.5 | 20.5 | 10.7 | 9.5 | -18.4% |
| Netherlands | 4.4 | 2.6 | 3.6 | 5.4 | 7.1% |
| Germany | 0.6 | 0.5 | 1.7 | 1.4 | 32.6% |
| India | 0.6 | 0.4 | 0.2 | 0.8 | 10.1% |
| China | 0.2 | 0.1 | 0.5 | 0.6 | 44.2% |
| Others | 2.2 | 1.7 | 2.5 | 2.0 | -3.1% |
| Total | 50.9 | 42.6 | 37.8 | 50.7 | -0.1% |
Top Suppliers of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather to Portugal in 2022:
- Spain (246.0K units)
- Italy (67.5K units)
- France (51.0K units)
- Netherlands (50.0K units)
- India (39.7K units)
- China (37.5K units)
- Germany (17.2K units)
Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Portugal
In 2022, exports of handbags with outer surface of leather, composition leather, or patent leathers from Portugal skyrocketed to 270K units, jumping by 23% compared with 2021. The total export volume increased at an average annual rate of +2.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 fell to $14M in 2022. In general, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 18% against the previous year. As a result, the exports attained the peak of $16M, and then fell in the following year.
| Export of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 5.0 | 4.9 | 5.2 | 4.0 | -7.2% |
| Germany | 0.9 | 0.6 | 1.1 | 2.0 | 30.5% |
| Spain | 1.6 | 1.1 | 1.5 | 1.7 | 2.0% |
| Italy | 0.6 | 0.7 | 1.0 | 0.8 | 10.1% |
| United Kingdom | 1.0 | 1.3 | 2.1 | 0.7 | -11.2% |
| Netherlands | 0.7 | 0.4 | 0.3 | 0.5 | -10.6% |
| Switzerland | 0.2 | 0.1 | 0.2 | 0.3 | 14.5% |
| Ireland | N/A | N/A | N/A | 0.3 | 0% |
| Belgium | 0.6 | 0.4 | 0.4 | 0.3 | -20.6% |
| Others | 3.8 | 4.3 | 4.5 | 3.9 | 0.9% |
| Total | 14.5 | 13.8 | 16.3 | 14.4 | -0.2% |
Top Export Markets for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather from Portugal in 2022:
- Spain (97.4K units)
- France (70.9K units)
- Germany (38.2K units)
- Netherlands (5.9K units)
- United Kingdom (5.8K units)
- Belgium (5.8K units)
- Ireland (5.0K units)
- Italy (4.2K units)
- Switzerland (4.2K units)
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