Hermes Bag Price in Europe 2022, 2023 and 2024

Here’s a table comparing the prices of Hermes bags across 2022, 2023, and 2024:

Category2022 Price Range2023 Price Range2024 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

  1. 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.
  2. 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.