Hermes Bag prices in USA in 2022, 2023 and 2024

To compare the prices of Hermès items across 2022, 2023, and 2024, I’ll analyze the prices of items that have corresponding data for all three years. Here are the comparisons for a few select items:

Item2022 Price (USD)2023 Price (USD)2024 Price (USD)% Change 2022-2024
Box Sellier16,40016,40018,0009.76%
Negonda3,7753,7754,20011.26%
Barenia Faubourg13,80013,80015,50012.32%
Ostrich16,40015,50018,50012.80%
Chèvre Sellier11,40011,40013,00014.04%
Epsom Mirror8,7508,75010,00014.29%
Shiny Porosus Croc52,10052,10060,00015.17%
Swift & Ostrich10,40010,40012,00015.38%
Swift6,0506,4007,00015.70%
Veau Madame12,00012,00014,00016.67%
Togo Retourne9,90010,50012,00021.21%
Epsom Sellier10,60011,30013,00022.64%

Analysis

  1. General Trend:
    • The prices of Hermès items have generally increased from 2022 to 2024.
    • The percentage increase from 2022 to 2023 is often lower than the increase from 2023 to 2024, indicating an accelerating price increase.
  2. Significant Price Increases:
    • Items such as the Epsom Sellier and Togo Retourne have seen substantial increases, over 20% from 2022 to 2024.
    • The Shiny Porosus Croc saw a 15.17% increase from 2023 to 2024, with no change from 2022 to 2023.
  3. Stable Prices:
    • Some items maintained the same prices from 2022 to 2023, like the Veau Madame and Box Sellier, but increased in 2024.
  4. Decreased Prices:
    • The Ostrich item saw a price decrease from 2022 to 2023 but then increased in 2024, resulting in an overall increase over the three years.

Conclusion

The overall trend indicates that Hermès items are experiencing steady price increases. Some items have more significant increases, especially from 2023 to 2024. This pattern suggests that Hermès is adjusting its prices, possibly in response to market demand, inflation, or brand positioning strategies.