Report Central Asia - Handbags - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Feb 1, 2025

Central Asia - Handbags - Market Analysis, Forecast, Size, Trends and Insights

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Central Asia: Handbag Market 2025

Handbag Market Size in Central Asia

The Central Asian handbag market expanded slightly to $X in 2022, picking up by 4.8% against the previous year. In general, consumption saw a perceptible downturn. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Handbag Production in Central Asia

In value terms, handbag production shrank to $X in 2022 estimated in export price. Overall, production continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2013 when the production volume increased by 41%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Handbag Exports

Exports in Central Asia

In 2022, shipments abroad of handbags increased by 478% to X units, rising for the second year in a row after three years of decline. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, handbag exports surged to $X in 2022. Overall, exports posted significant growth. The pace of growth appeared the most rapid in 2013 with an increase of 381%. The level of export peaked in 2022 and is likely to continue growth in the immediate term.

Exports by Country

Kyrgyzstan represented the main exporter of handbags in Central Asia, with the volume of exports recording X units, which was approx. 80% of total exports in 2022. It was distantly followed by Uzbekistan (X units), comprising a 19% share of total exports.

Exports from Kyrgyzstan increased at an average annual rate of +43.6% from 2012 to 2022. At the same time, Uzbekistan (+149.1%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of +149.1% from 2012-2022. While the share of Kyrgyzstan (+35 p.p.) and Uzbekistan (+19 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kyrgyzstan ($X) remains the largest handbag supplier in Central Asia, comprising 84% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a 13% share of total exports.

In Kyrgyzstan, handbag exports increased at an average annual rate of +53.3% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per unit, falling by -26.4% against the previous year. Overall, the export price, however, showed a strong expansion. The growth pace was the most rapid in 2018 an increase of 579% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per unit), while Uzbekistan totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+6.8%).

Handbag Imports

Imports in Central Asia

In 2022, supplies from abroad of handbags was finally on the rise to reach X units after three years of decline. In general, imports, however, continue to indicate a relatively flat trend pattern. The volume of import peaked at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, handbag imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Kazakhstan represented the main importing country with an import of around X units, which reached 55% of total imports. Kyrgyzstan (X units) held a 34% share (based on physical terms) of total imports, which put it in second place, followed by Uzbekistan (8.3%).

From 2012 to 2022, the biggest increases were recorded for Kazakhstan (with a CAGR of +8.2%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Kazakhstan ($X) constitutes the largest market for imported handbags in Central Asia, comprising 82% of total imports. The second position in the ranking was taken by Kyrgyzstan ($X), with a 9% share of total imports.

In Kazakhstan, handbag imports increased at an average annual rate of +15.8% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Kyrgyzstan (+6.7% per year) and Uzbekistan (+44.2% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per unit, picking up by 41% against the previous year. Over the period under review, the import price showed a prominent increase. The pace of growth appeared the most rapid in 2019 an increase of 115%. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per unit), while Kyrgyzstan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+36.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Uzbekistan remains the largest handbag consuming country in Central Asia, accounting for 73% of total volume. Moreover, handbag consumption in Uzbekistan exceeded the figures recorded by the second-largest consumer, Kyrgyzstan, fourfold. Tajikistan ranked third in terms of total consumption with a 6.1% share.
Uzbekistan remains the largest handbag producing country in Central Asia, comprising approx. 100% of total volume.
In value terms, the largest handbag supplying countries in Central Asia were Kyrgyzstan, Uzbekistan and Kazakhstan, with a combined 99% share of total exports.
In value terms, the largest handbag importing markets in Central Asia were Kazakhstan, Kyrgyzstan and Tajikistan, with a combined 82% share of total imports. These countries were followed by Uzbekistan and Turkmenistan, which together accounted for a further 15%.
In 2021, the export price in Central Asia amounted to $24,301 per ton, picking up by 37% against the previous year.
In 2021, the import price in Central Asia amounted to $17,144 per ton, increasing by 22% against the previous year.

This report provides an in-depth analysis of the handbag market in Central Asia. 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:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Central Asia, split by region and country
  • Trade (exports and imports) in Central Asia
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Kazakhstan
    • Kyrgyzstan
    • Mongolia
    • Tajikistan
    • Turkmenistan
    • Uzbekistan
  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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