Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Myanmar - 2023
Contents:
- Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Myanmar (FOB) - 2023
- Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Myanmar (CIF) - 2022
- Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Myanmar
- Imports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Myanmar
Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Myanmar (FOB) - 2023
The average export price for handbags with outer surface of leather, composition leather, or patent leathers stood at $20.9 per unit in December 2023, with an increase of 1,131% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $30.4 per unit in May 2023; however, from June 2023 to December 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was China ($30.0 per unit), while the average price for exports to Singapore ($17.9 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 China (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Myanmar (CIF) - 2022
The average import price for handbags with outer surface of leather, composition leather, or patent leathers stood at $5.8 per unit in 2022, dropping by -9.1% against the previous year. In general, the import price, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2019 when the average import price increased by 345%. As a result, import price attained the peak level of $14 per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($68 per unit), while the price for China ($3.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+8.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Myanmar
In 2022, the amount of handbags with outer surface of leather, composition leather, or patent leathers exported from Myanmar surged to 598K units, jumping by 53% compared with 2021. In general, exports showed significant growth. The growth pace was the most rapid in 2020 with an increase of 100%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of handbags with outer surface of leather, composition leather, or patent leathers surged to $13M in 2022. Overall, exports posted a significant expansion. As a result, the exports attained 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 Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,010 | 3,606 | 489 | 6,485 | 85.9% |
| Netherlands | 534 | 78.2 | 111 | 2,078 | 57.3% |
| China | 96.5 | 153 | 7.1 | 1,446 | 146.5% |
| Taiwan (Chinese) | N/A | N/A | N/A | 1,273 | 0% |
| Canada | 9.7 | 33.6 | N/A | 751 | 326.2% |
| Japan | 163 | 113 | 207 | 504 | 45.7% |
| Italy | 42.2 | 17.0 | N/A | 198 | 67.4% |
| Thailand | 363 | N/A | 653 | N/A | 34.1% |
| Germany | N/A | 921 | 70.6 | N/A | -92.3% |
| Belgium | 557 | 742 | N/A | N/A | 33.2% |
| Others | 304 | 672 | 9.3 | 137 | -23.3% |
| Total | 3,080 | 6,335 | 1,548 | 12,872 | 61.1% |
Top Export Markets for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather from Myanmar in 2022:
- United States (499.0K units)
- Netherlands (143.7K units)
- China (58.6K units)
- Taiwan (Chinese) (42.7K units)
- Canada (24.4K units)
- Japan (20.5K units)
- Italy (14.1K units)
Imports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Myanmar
In 2022, imports of handbags with outer surface of leather, composition leather, or patent leathers into Myanmar skyrocketed to 129K units, growing by 152% on 2021 figures. Over the period under review, imports posted a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of handbags with outer surface of leather, composition leather, or patent leathers surged to $748K in 2022. Overall, imports, however, recorded a dramatic decline. Imports peaked at $1.6M 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 Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 405 | 86.2 | 113 | 354 | -4.4% |
| Malaysia | 384 | 121 | 115 | 304 | -7.5% |
| Thailand | 177 | 120 | 94.5 | 82.3 | -22.5% |
| Others | 596 | 122 | 3.1 | 7.6 | -76.6% |
| Total | 1,563 | 450 | 327 | 748 | -21.8% |
Top Suppliers of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather to Myanmar in 2022:
- China (116.0K units)
- Thailand (7.4K units)
- Malaysia (4.5K units)
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