Myanmar - Handbags - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHandbag Price in Myanmar - 2022
Contents:
- Handbag Price in Myanmar (FOB) - 2022
- Handbag Price in Myanmar (CIF) - 2022
- Handbag Exports in Myanmar
- Handbag Imports in Myanmar
Handbag Price in Myanmar (FOB) - 2022
The average handbag export price stood at $3.0 per unit in December 2022, increasing by 31% against the previous month. Overall, the export price continues to indicate slight growth. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 95% m-o-m. Over the period under review, the average export prices attained the peak figure in December 2022.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($6.3 per unit), while the average price for exports to Saudi Arabia ($222 per thousand units) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.
Handbag Price in Myanmar (CIF) - 2022
The average handbag import price stood at $4.4 per unit in 2022, jumping by 51% against the previous year. Overall, the import price, however, showed a deep setback. The most prominent rate of growth was recorded in 2017 an increase of 59%. The import price peaked at $7.9 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($5.9 per unit), while the price for China stood at $3.3 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (-4.6%).
Handbag Exports in Myanmar
In 2022, overseas shipments of handbags decreased by -37.8% to 45M units, falling for the second consecutive year after two years of growth. In general, exports showed a abrupt descent. The pace of growth appeared the most rapid in 2020 with an increase of 99% against the previous year. As a result, the exports reached the peak of 110M units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, handbag exports dropped significantly to $123M in 2022. Over the period under review, exports showed a deep setback. The pace of growth was the most pronounced in 2020 with an increase of 42%. As a result, the exports reached the peak of $231M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Handbag in Myanmar (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 103 | 162 | 94.3 | 37.2 | -28.8% |
Italy | 12.9 | 14.4 | 33.6 | 31.1 | 34.1% |
Spain | 1.3 | 4.9 | 3.8 | 10.1 | 98.1% |
Netherlands | 13.6 | 10.8 | 1.6 | 5.0 | -28.4% |
China | 4.2 | 5.1 | 2.3 | 4.6 | 3.1% |
Thailand | 0.7 | 1.0 | 9.3 | 4.5 | 85.9% |
Canada | 1.0 | 2.5 | 1.7 | 2.9 | 42.6% |
United Kingdom | 3.1 | 1.8 | 1.5 | 2.7 | -4.5% |
Portugal | 0.6 | 0.8 | N/A | 2.1 | 51.8% |
Hong Kong SAR | 0.6 | 1.1 | 0.8 | 1.7 | 41.5% |
Others | 22.2 | 27.1 | 21.1 | 21.1 | -1.7% |
Total | 163 | 231 | 170 | 123 | -9.0% |
Top Export Markets for Handbag from Myanmar in 2022:
- United States (19.4M units)
- Italy (10.3M units)
- Spain (2.6M units)
- Thailand (2.4M units)
- Portugal (1.4M units)
- Netherlands (1.3M units)
- Hong Kong SAR (1.3M units)
- China (1.0M units)
- Canada (0.8M units)
- United Kingdom (0.7M units)
Handbag Imports in Myanmar
In 2022, the amount of handbags imported into Myanmar shrank significantly to 1M units, waning by -54.6% on the year before. In general, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 74% against the previous year. As a result, imports attained the peak of 2.3M units, and then reduced remarkably in the following year.
In value terms, handbag imports dropped remarkably to $4.5M in 2022. Over the period under review, imports saw a precipitous slump. The smallest decline of -11.4% was in 2021. Over the period under review, imports attained the maximum at $11M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Handbag in Myanmar (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 6.9 | 3.9 | 1.8 | 2.9 | -25.1% |
Thailand | 0.3 | 0.3 | 2.7 | 0.7 | 32.6% |
Japan | 2.3 | 2.9 | 1.6 | 0.5 | -39.9% |
Others | 1.3 | 0.3 | 0.4 | 0.4 | -32.5% |
Total | 10.9 | 7.4 | 6.5 | 4.5 | -25.5% |
Top Suppliers of Handbag to Myanmar in 2022:
- China (882.9K units)
- Thailand (123.0K units)
- Japan (10.3K units)
This report provides an in-depth analysis of the handbag market in Myanmar. 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:
- Myanmar
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Myanmar
- 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
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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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