Estonia - Handbags - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHandbag Price in Estonia - 2023
Contents:
- Handbag Price in Estonia (CIF) - 2022
- Handbag Price in Estonia (FOB) - 2023
- Handbag Imports in Estonia
- Handbag Exports in Estonia
Handbag Price in Estonia (CIF) - 2022
In 2022, the average handbag import price amounted to $26 per unit, increasing by 28% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.1%. 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 Italy ($69 per unit), while the price for Poland ($2.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Handbag Price in Estonia (FOB) - 2023
In September 2023, the average handbag export price amounted to $97.7 per unit, approximately mirroring the previous month. Over the period under review, export price indicated a noticeable expansion from September 2022 to September 2023: its price increased at an average monthly rate of +2.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, handbag export price increased by +57.6% against June 2023 indices. The pace of growth appeared the most rapid in April 2023 an increase of 66% against the previous month. Over the period under review, the average export prices hit record highs in September 2023.
There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was Lithuania ($129 per unit), while the average price for exports to Finland ($39.5 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.
Handbag Imports in Estonia
Handbag imports into Estonia declined to 542K units in 2022, waning by -5.3% against the year before. Overall, imports recorded a deep slump. The growth pace was the most rapid in 2021 with an increase of 28% against the previous year. Imports peaked at 631K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, handbag imports soared to $14M in 2022. The total import value increased at an average annual rate of +5.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Handbag in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3,926 | 2,560 | 2,602 | 3,244 | -6.2% |
Italy | 1,267 | 992 | 2,049 | 2,988 | 33.1% |
Netherlands | 2,423 | 2,115 | 1,522 | 1,469 | -15.4% |
United Kingdom | 54.6 | 92.0 | 399 | 850 | 149.7% |
Vietnam | 266 | 204 | 294 | 721 | 39.4% |
France | 74.7 | 78.8 | 107 | 434 | 79.8% |
Germany | 605 | 521 | 549 | 410 | -12.2% |
Myanmar | 83.4 | 109 | 141 | 283 | 50.3% |
India | 149 | 116 | 141 | 198 | 9.9% |
Poland | 127 | 67.4 | 121 | 132 | 1.3% |
Latvia | 39.9 | 17.6 | 43.5 | 46.3 | 5.1% |
Others | 3,018 | 3,306 | 3,804 | 3,452 | 4.6% |
Total | 12,034 | 10,179 | 11,774 | 14,226 | 5.7% |
Top Suppliers of Handbag to Estonia in 2022:
- China (255.9K units)
- Poland (52.5K units)
- Italy (43.1K units)
- Netherlands (35.6K units)
- United Kingdom (28.8K units)
- Germany (18.9K units)
- Vietnam (17.1K units)
- India (16.3K units)
- France (12.3K units)
- Latvia (11.8K units)
- Myanmar (9.4K units)
Handbag Exports in Estonia
In 2022, shipments abroad of handbags was finally on the rise to reach 368K units after two years of decline. Over the period under review, exports, however, showed a deep setback. Over the period under review, the exports hit record highs at 446K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, handbag exports surged to $12M in 2022. The total export value increased at an average annual rate of +10.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Handbag in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Finland | 4,240 | 3,049 | 2,538 | 2,968 | -11.2% |
Russia | 569 | 1,161 | 990 | 1,605 | 41.3% |
Latvia | 1,081 | 869 | 919 | 1,011 | -2.2% |
Lithuania | 808 | 568 | 634 | 871 | 2.5% |
Sweden | 372 | 386 | 632 | 330 | -3.9% |
Uzbekistan | 4.5 | N/A | 2.1 | 38.7 | 104.9% |
Norway | 115 | 145 | 89.1 | 24.5 | -40.3% |
Others | 1,912 | 3,044 | 3,748 | 5,352 | 40.9% |
Total | 9,103 | 9,223 | 9,553 | 12,200 | 10.3% |
Top Export Markets for Handbag from Estonia in 2022:
- Finland (186.9K units)
- Uzbekistan (53.9K units)
- Latvia (39.6K units)
- Russia (37.7K units)
- Lithuania (21.3K units)
- Sweden (10.5K units)
- Norway (1.0K units)
This report provides an in-depth analysis of the handbag market in Estonia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 15121220 - Handbags of leather, composition leather, patent leather, p lastic sheeting, textile materials or other materials (including those without a handle)
Country coverage:
- Estonia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Estonia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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