Key Market Indicators
The country was number 16 in 2021, Portugal overtook at $31,017,000. Italy, Spain and Germany respectively ranked numbers 1, 2 and 3 in this ranking. Canadian imports of leather goods are expected to total $201.7 million by 2026, a slight decline of 0.5% each year on average since 2021. This follows a 1.6% annual growth rate since 1994. Canada placed tenth in the global rankings in 2021, with Spain overtaking at $207.9 million. Italy, France and Germany were ranked second, third and fourth, respectively. Meanwhile, exports of leather goods are projected to reach $29.1 million by 2026, a decrease of 1% each year on average since 2021. This follows a 3% annual decline since 1994. Canada placed sixteenth in the global rankings in 2021, with Portugal overtaking at $31 million. Italy, Spain and Germany were ranked first, second and third, respectively.
