Here’s a table comparing the prices of Hermes bags across 2022, 2023, and 2024:
| Category | 2022 Price Range | 2023 Price Range | 2024 Price Range |
|---|---|---|---|
| Togo | €7,550 to €8,100 | €8,000 to €9,850 | €8,600 to €10,200 |
| Epsom | €5,850 to €8,200 | €6,700 to €9,850 | €7,150 to €11,400 |
| Swift | €3,600 to €5,900 | €4,900 to €11,100 | €5,200 to €9,000 |
| Matte Alligator | €20,500 to €25,800 | €24,500 to €35,300 | €27,900 to €42,100 |
| Ostrich | €10,500 to €15,300 | €11,800 to €18,200 | €13,500 to €16,700 |
| Box | €8,000 to €12,000 | €9,050 to €119,000 | €9,850 to €19,600 |
| Shiny Crocodile | - | - | € 42,400 |
| Shiny Alligator Mississippiensis | - | - | € 39,900 |
| Lizard | €15,000 to €26,200 | €16,000 to €17,100 | €16,200 to €17,700 |
| Barenia | €8,500 to €12,500 | €9,200 to €12,100 | € 10,400 |
| Crocodile Porosus | - | - | € 42,100 |
| Himalaya with Diamonds | - | - | € 452,000 |
Key Observations:
- Material Prices: Prices have increased for all materials from 2022 to 2024.
- Exotic Materials: Exotic materials, especially alligator and crocodile, have seen significant price increases.
- Special Editions: 2024 features a notable jump in prices for special editions and rare materials, such as the Himalaya with diamonds.
General Trends
- Overall Price Increase:
- Togo, Epsom, and Swift bags have shown consistent price increases year-over-year.
- Exotic Materials like Matte Alligator, Shiny Alligator, and Crocodile Porosus have seen significant increases, indicating a higher premium for rarer materials.
- Material-Specific Trends:
- Togo: Prices have risen from €7,550–€8,100 in 2022 to €8,600–€10,200 in 2024, showing a steady increase. The price rise is moderate compared to other materials.
- Epsom: This material has seen a substantial increase, from €5,850–€8,200 in 2022 to €7,150–€11,400 in 2024. This indicates growing demand or perceived value.
- Swift: The price has grown from €3,600–€5,900 in 2022 to €5,200–€9,000 in 2024. The increase is less dramatic compared to some other materials.
- Matte Alligator: Prices have increased significantly from €20,500–€25,800 in 2022 to €27,900–€42,100 in 2024. This highlights a strong market demand for high-end exotic materials.
- Ostrich: The price range has shifted from €10,500–€15,300 in 2022 to €13,500–€16,700 in 2024, reflecting a moderate increase.
- Box: Prices have also increased substantially, with the range shifting from €8,000–€12,000 in 2022 to €9,850–€19,600 in 2024. This material shows a significant premium in recent years.
- Lizard: Prices have gone up from €15,000–€26,200 in 2022 to €16,200–€17,700 in 2024. While the upper range remains high, the increase is less pronounced compared to other materials.
- Crocodile Porosus and Himalaya with Diamonds are new entries in 2024, with high price points, indicating their luxury status and exclusivity.
Special Editions and Rare Materials
- Shiny Alligator Mississippiensis: Prices for this rare material have reached as high as €39,900 in 2024, emphasizing its status as a high-value item.
- Himalaya with Diamonds: This extremely rare and luxurious item is priced at €452,000, reflecting its exclusivity and the high premium placed on rare materials and embellishments.
Summary
- Price Trends: There is a clear trend of increasing prices across all categories from 2022 to 2024. This is indicative of both higher demand and the rising costs of luxury materials.
- Material Premium: Exotic materials and special editions see the most significant price hikes, highlighting their growing value and desirability in the luxury market.
- Market Dynamics: The rising prices suggest that Hermes is positioning its products at a higher luxury tier, capitalizing on both exclusivity and high-quality craftsmanship.

