Analysis of China's Imported Bags

Analysis of China's imported bags
1, the mix of imported bags
In terms of the mix of imported bag of China, "handbag made of regenerated leather or patent leather for" (tariff no. : 42022100), has the highest import trade, with $732 million in 2014, growing 12.39% from the same period last year. In the first quarter of 2015, import is $168 million, down 5.67% from the same period last year. The second largest importing bags are plastic or textile material handbag (tariff no. : 42022200), "importing totaled $241 million, 2.97% more than the same period last year; imports in the first quarter of 2015 was $560 million, down 20.61% from the same period last year.
 
In addition, among those imported bags, "suitcase, small handbag made of regenerated leather or patent leather" (tariff no. : 42021190) enjoys the fastest growing in 2014, with 33.51% growing from the same period last year, importing totaled $138 million, 105.10% more than the first quarter of 2015.
 
2, importing prices of bags
From the point of importing prices of bag in China, "the suitcase and small handbag made of regenerated leather or patent leather" (tariff number: 42021190) show higher price, $350.02 and $418.03 in 2014. To the first quarter of 2015, "the suitcase and small handbag made of regenerated leather or patent leather" (tariff no. : 42021190) and "suitcase made of regenerated leather or patent leather" (tariff no. : 42021110) has rise up to $392.35 and $392.35 respectively.
 
In China to import bags, the main products material is leather, and the prices are higher. Thus we may see that China's imported bags are mainly luxury bags.