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Denmark - Handbags - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHandbag Price in Denmark - 2023
Contents:
- Handbag Price in Denmark (CIF) - 2023
- Handbag Price in Denmark (FOB) - 2022
- Handbag Imports in Denmark
- Handbag Exports in Denmark
Handbag Price in Denmark (CIF) - 2023
The average handbag import price stood at $35.5 per unit in August 2023, declining by -17% against the previous month. In general, import price indicated noticeable growth from August 2022 to August 2023: its price increased at an average monthly rate of +2.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, handbag import price decreased by -17.0% against July 2023 indices. The growth pace was the most rapid in October 2022 when the average import price increased by 98% m-o-m. The import price peaked at $42.8 per unit in July 2023, and then contracted significantly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Italy ($168 per unit), while the price for China ($8.3 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Turkey (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Handbag Price in Denmark (FOB) - 2022
The average handbag export price stood at $24 per unit in 2022, shrinking by -8.1% against the previous year. Overall, the export price, however, continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2020 an increase of 37% against the previous year. The export price peaked at $26 per unit in 2021, and then declined in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($28 per unit), while the average price for exports to Finland ($12 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 Italy (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.
Handbag Imports in Denmark
In 2022, approx. 11M units of handbags were imported into Denmark; with an increase of 6% against the previous year's figure. The total import volume increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, handbag imports rose sharply to $121M in 2022. The total import value increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 13% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Handbag in Denmark (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 27.7 | 16.2 | 19.9 | 24.7 | -3.7% |
China | 15.2 | 17.9 | 18.3 | 22.5 | 14.0% |
Italy | 11.6 | 10.1 | 12.2 | 13.2 | 4.4% |
Germany | 5.8 | 4.8 | 5.4 | 5.5 | -1.8% |
Turkey | 1.8 | 2.2 | 4.2 | 4.5 | 35.7% |
Netherlands | 4.7 | 3.4 | 3.9 | 3.8 | -6.8% |
Vietnam | 1.3 | 0.5 | 1.0 | 2.0 | 15.4% |
Others | 44.0 | 39.3 | 42.3 | 44.6 | 0.5% |
Total | 112 | 94.4 | 107 | 121 | 2.6% |
Top Suppliers of Handbag to Denmark in 2022:
- China (5.3M units)
- India (2.8M units)
- Italy (0.9M units)
- Vietnam (0.9M units)
- Turkey (0.3M units)
- Netherlands (0.2M units)
- Germany (0.2M units)
Handbag Exports in Denmark
In 2022, approx. 2.9M units of handbags were exported from Denmark; approximately equating the previous year's figure. In general, exports saw a pronounced decline. The exports peaked at 3.1M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, handbag exports fell to $71M in 2022. The total export value increased at an average annual rate of +5.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 31%. As a result, the exports attained the peak of $78M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Handbag in Denmark (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 11.8 | 15.1 | 15.1 | 14.6 | 7.4% |
Germany | 11.5 | 13.4 | 12.7 | 10.7 | -2.4% |
Norway | 6.1 | 6.3 | 7.8 | 8.4 | 11.3% |
Poland | 3.1 | 3.7 | 3.8 | 4.3 | 11.5% |
France | 4.0 | 4.3 | 4.1 | 3.8 | -1.7% |
Netherlands | 4.1 | 4.1 | 2.9 | 2.6 | -14.1% |
Italy | 1.2 | 1.4 | 1.8 | 2.2 | 22.4% |
United Kingdom | 5.5 | 5.1 | 3.0 | 2.1 | -27.5% |
Finland | 2.2 | 1.2 | 1.8 | 2.0 | -3.1% |
Belgium | 1.5 | 1.5 | 2.5 | 2.0 | 10.1% |
Macao SAR | N/A | 0.8 | 1.9 | 1.5 | 36.9% |
Spain | 0.7 | 0.8 | 0.4 | 0.7 | 0.0% |
Switzerland | 0.6 | 0.8 | 0.6 | 0.6 | 0.0% |
Others | 7.1 | 19.5 | 19.2 | 15.2 | 28.9% |
Total | 59.4 | 78.0 | 77.6 | 70.6 | 5.9% |
Top Export Markets for Handbag from Denmark in 2022:
- Sweden (607.8K units)
- Germany (553.0K units)
- Norway (357.5K units)
- Poland (169.0K units)
- Finland (167.8K units)
- France (153.3K units)
- Netherlands (152.7K units)
- Belgium (110.2K units)
- United Kingdom (104.9K units)
- Macao SAR (80.4K units)
- Italy (78.1K units)
- Spain (49.8K units)
- Switzerland (44.9K units)
This report provides an in-depth analysis of the handbag market in Denmark. 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:
- Denmark
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Denmark
- 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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