Key Market Indicators
Maltese demand for leather clothes is set to decline by 2.8% on average each year over the next five years, down from 4,690 kilograms in 2021 to 3,970 kilograms in 2026. Since 2005, the demand has grown by 10.5% annually. Meanwhile, Maltese exports of leather clothes dropped by 51.5% in 2018 to 49 kilograms, compared to 101 kilograms in 2017. Since 2005, supply has increased by 117.8% every year.