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

Contents:

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

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

The average export price for handbags with outer surface of leather, composition leather, or patent leathers stood at $33 per unit in 2022, with an increase of 31% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible descent. The most prominent rate of growth was recorded in 2016 when the average export price increased by 41%. Over the period under review, the average export prices hit record highs at $64 per unit in 2014; however, from 2015 to 2022, the export prices remained at a 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 Japan ($39 per unit), while the average price for exports to France ($3.8 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 Canada (+9.2%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for handbags with outer surface of leather, composition leather, or patent leathers stood at $117 per unit in 2022, remaining constant against the previous year. In general, the import price, however, enjoyed tangible growth. The pace of growth appeared the most rapid in 2019 an increase of 153%. The import price peaked at $211 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($509 per unit), while the price for China ($18 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, exports of handbags with outer surface of leather, composition leather, or patent leathers from Indonesia expanded rapidly to 4.3M units, picking up by 6.1% compared with 2021. Overall, total exports indicated a measured increase from 2019 to 2022: its volume increased at an average annual rate of +3.3% 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 +52.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 44%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, exports of handbags with outer surface of leather, composition leather, or patent leathers soared to $142M in 2022. In general, total exports indicated a moderate increase from 2019 to 2022: its value increased at an average annual rate of +2.7% 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 +77.8% against 2020 indices. As a result, the exports reached 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 Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States76.239.455.577.10.4%
Netherlands18.211.614.020.03.2%
Italy2.01.21.48.260.1%
Canada3.41.52.85.517.4%
Hong Kong SAR7.45.35.64.8-13.4%
Japan2.31.62.23.616.1%
China2.80.20.83.46.7%
Mexico0.60.60.30.4-12.6%
France0.40.40.9N/A50.0%
Others17.417.818.918.72.4%
Total13179.71021422.7%

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

  1. United States (2027.1K units)
  2. Netherlands (623.3K units)
  3. Hong Kong SAR (535.1K units)
  4. Italy (291.3K units)
  5. Canada (223.0K units)
  6. China (131.0K units)
  7. Japan (90.3K units)
  8. Mexico (68.3K units)
  9. France (8.6K units)

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

For the fourth year in a row, Indonesia recorded growth in purchases abroad of handbags with outer surface of leather, composition leather, or patent leathers, which increased by 51% to 829K units in 2022. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 53% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of handbags with outer surface of leather, composition leather, or patent leathers soared to $97M in 2022. Overall, imports showed strong growth. The growth pace was the most rapid in 2021 with an increase of 52%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.

Import of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France17.815.029.035.525.9%
China13.75.76.411.5-5.7%
Malaysia1.31.20.61.1-5.4%
Hong Kong SAR1.20.80.10.3-37.0%
Others29.219.428.248.318.3%
Total63.342.264.296.715.2%

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

  1. China (635.7K units)
  2. France (69.8K units)
  3. Hong Kong SAR (10.0K units)
  4. Malaysia (5.3K units)

Source: IndexBox Market Intelligence Platform

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