Earlier Report Observations
The market for pocket or handbag articles in Romania, measured in value, contracted significantly from over 30.6 million USD in 2018 to a low of 17.1 million USD in 2021. This downward trend was interrupted by a modest recovery to 19.1 million USD in 2022, followed by another dip in 2023.
By 2024, the market value stabilized and showed a slight increase to 17.5 million USD. This uptick coincided with shifting consumer tastes, including a growing preference for larger, more practical bags and an increased demand for items made from eco-friendly leather, which encouraged renewed spending in the segment.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In value
- 4.1.1.1. Production, 2018-2024
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2024
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4.1.1. In value
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Romania
- 5.1.1. In value, 2018-2024, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In value, 2018-2024, K $ US
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5.1. Production in Romania
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Romania in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Romania by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Romania in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Romania by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Romania, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Romania by countries, 2018-2024, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Romania in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Romania by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Romania in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Romania by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Romania, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Romania by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Romania in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Romania by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Romania in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Romania by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's exports from Romania, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's exports from Romania by countries, 2018-2024, $ US/kg
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Romania in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Romania by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Romania in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Romania by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's exports from Romania, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's exports from Romania by countries, 2018-2024, $ US/kg
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production pocket or handbag articles in Romania
In value, 2017-2020, K $ US
Romania's production of pocket and handbag articles has declined for the second year in a row. In 2020, output was valued at 17 167 thousand US dollars, marking a year-on-year drop of 14.2%. Over the 2017-2020 period, production fell by 26.3%, with an average annual decline of 9.7%. The highest production value was recorded in 2018 at 25 021 thousand US dollars, which saw a 7.4% increase that year. The most significant decline occurred in 2019, when production dropped by 20.0%.
Annual dynamics of production in Romania in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 7.4% | (20.0%) | (14.2%) | (9.7%) |
Exports pocket or handbag articles from Romania
Exports in kind, t
Romania's exports of pocket and handbag articles by volume have decreased for the third consecutive year. In 2020, exports totaled 460 tonnes, representing a substantial 21.1% decline compared to 2019. Over the 2017-2020 period, export volumes fell by 52.5%, with an average annual decrease of 22.0%.
Annual dynamics of product's exports from Romania in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (10.2%) | (33.0%) | (21.1%) | (22.0%) |
From 2017 to 2020, Italy dominated Romania's exports of pocket and handbag articles by volume, accounting for 80.2% of the total. The remaining exports were distributed among a diverse group of smaller countries.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Romania in kind, 2017-2020
Exports in value, K $ US
The export market showed volatility during the observed period. Exports reached their lowest point in 2019 at 18 156 thousand US dollars, then surged to a high in 2020 at 39 636 thousand US dollars, representing a 2.2-fold increase between these years. In 2020, the value of pocket and handbag articles leaving Romania jumped by 118.3% year-on-year. The largest decline occurred in 2019, with a 15.9% drop.
Annual dynamics of product's exports from Romania in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 18.4% | (15.9%) | 118.3% | 29.5% |
From 2017 to 2020, Italy, Hungary, and France were the main destinations for Romania's pocket and handbag articles by value. Italy accounted for 63.8% of exports, Hungary for 11.0%, and France for 9.3%, together making up 84.1% of total export value.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Romania in value, 2017-2020
Imports pocket or handbag articles to Romania
Imports in kind, t
After two years of growth, Romania's imports of pocket and handbag articles by volume declined. In 2020, imports amounted to 970 tonnes, reflecting a sharp 47.0% contraction compared to the previous year. Between 2017 and 2020, import volumes decreased by 9.1%, equivalent to an average annual decline of 3.1%. The peak was recorded in 2019 at 1 829 tonnes, which saw a 56.9% increase that year.
Annual dynamics of product's imports to Romania in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 9.2% | 56.9% | (47.0%) | (3.1%) |
From 2017 to 2020, China, Italy, and Poland led Romania's imports of pocket and handbag articles by volume. China accounted for 45.3% of imports, Italy for 15.2%, and Poland for 7.3%, together representing 67.8% of total import flows.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Romania in kind, 2017-2020
Imports in value, K $ US
The import market exhibited volatility over the observed period. Imports hit their lowest point in 2017 and peaked in 2020, with a 2.1-fold difference between these years. In 2020, Romania's import value for pocket and handbag articles reached 44 124 thousand US dollars, a sharp 76.9% increase compared to the previous year. The largest decline was recorded in 2019, with an 8.3% drop.
Annual dynamics of product's imports to Romania in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 31.1% | (8.3%) | 76.9% | 28.6% |
Over the 2017-2020 period, Italy, China, and the Netherlands were the largest contributors to Romania's imports of pocket and handbag articles by value. Italy accounted for 31.4% of imports, China for 21.4%, and the Netherlands for 8.2%, jointly making up 61.1% of total import flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Romania in value, 2017-2020
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