To find out what sort of price increase you will expect for LV Neverfull MM in 2024, let first review what the prices are like in 2023 and the historical price in the past 5 years.
July 2024 update : On 2nd July 2024, there is a price increase for most items by Louis Vuitton but good thing, Neverfull MM price did not hike.
In June 2023, we see the biggest price increase for the Neverfull MM from USD$1690 in the previous year 2022 to USD$2023 in 2023. This is a whopping 17% increase in the price. In the following table you will find how much Neverfull MM has increase in the past 5 years.
| Year | Price (USD) | Increase (%) |
|---|---|---|
| 2023 | $ 2,030.00 | 17% |
| 2022 | $ 1,690.00 | 9% |
| 2021 | $ 1,540.00 | 3% |
| 2020 | $ 1,500.00 | 5% |
| 2019 | $ 1,430.00 | 8% |
| 2018 | $ 1,320.00 | 5% |
| 2017 | $ 1,260.00 |
To find out what the Neverfull MM is priced like now in 2023 in prices in popular places in Europe in places like Italy, Dubai, USA and more, check out the following pricelist.
| Country | Amount |
|---|---|
| USA | USD2,030 |
| India | ₹ 151,000 |
| Dubai , UAE | 7,650 AED |
| Brazil | R$11.100,00 |
| Canada | CAD 2,580 |
| Mexico | MXN 42000 |
| UK | £1,410.00 |
| Japan | ¥260,700 |
| Korea | ₩2,520,000 |
| Hong Kong | HK$ 16,300 |
| Singapore | S$ 2,820.00 |
| Malaysia | RM 9,250.00 |
| Australia | AUD 3,050 |
| New Zealand | NZ$ 3,300.00 |
| Europe | €1.500,00 |
| Belgium | €1.500,00 |
| Denmark | €1.500,00 |
| Germany | €1.500,00 |
| Spain | €1.500,00 |
| Finland | €1.500,00 |
| France | €1.500,00 |
| Ireland | €1.500,00 |
| Italy | €1.500,00 |
| Luxembourg | €1.500,00 |
| Monaco | €1.500,00 |
| Netherlands | €1.500,00 |
| Austria | €1.500,00 |
| Sweden | €1.500,00 |
Prices in Europe include local taxes for each the country listed above. If you are visiting Europe and wondering which is the cheapest country to buy your Neverfull MM. You may consider countries like in Hungary which offer the highest VAT tax refund of up to 19% compared to countries like Luxembourg that offer up to 11%. Take note the VAT paid and actual refund is different.
| Country | Price | Actual VAT Refund | Price AFT VAT Refund |
|---|---|---|---|
| Hungary | € 1,500 | 14% ~19% | € 1,215 |
| Denmark | € 1,500 | 12% ~17% | € 1,245 |
| Sweden | € 1,500 | 13% ~17% | € 1,245 |
| Finland | € 1,500 | 13% ~17% | € 1,245 |
| Ireland | € 1,500 | 14% ~15% | € 1,275 |
| Italy | € 1,500 | 11% ~15% | € 1,275 |
| Belgium | € 1,500 | 8% ~15% | € 1,275 |
| Netherlands | € 1,500 | 8% ~15% | € 1,275 |
| Spain | € 1,500 | 10% ~15% | € 1,275 |
| Austria | € 1,500 | 12% ~14% | € 1,290 |
| France | € 1,500 | 12% ~16% | € 1,290 |
| Monaco | € 1,500 | 12% ~16% | € 1,260 |
| Germany | € 1,500 | 6% ~14% | € 1,290 |
| Luxembourg | € 1,500 | 10% ~11% | € 1,335 |
Our Prediction for Price Increase for 2024
Keep in mind that luxury brand pricing can be influenced by various factors, including inflation, changes in material costs, and brand strategy. In 2021, the impact of COVID-19 may have led to smaller price increases, but as economies recover, inflation could drive prices up. The global economic recovery in 2022 can indeed lead to increased consumer spending power, which brands like Louis Vuitton may seek to capitalize on by raising prices. As consumer confidence and income levels improve, people may be more willing to invest in luxury items. If the trend continues in 2024, and the luxury brand industry anticipates continued economic growth, it’s plausible that prices for Neverfull will continue to rise in 2024 by 5-10%.

