Key Market Indicators
The country ranked number 73 in 2021, as Serbia overtook with $81,420. Germany, France and Italy respectively were numbers 2, 3 and 4 in this ranking. Costa Rican demand for leather goods is set to reach $3.8 million by 2026, on average growing 1.4% year on year. In 2021, the country was ranked 73rd, with imports of $3.5 million, overtaken by Serbia. Major markets for Costa Rican leather goods imports were Germany, France and Italy. Meanwhile, Costa Rican leather goods export dropped by a staggering 77.7% in 2021, to $18,160 from $81,420 in 2020. Since 1999, the country’s supply has decreased by more than half, from a 52.2% decrease year on year. Germany, France and Italy were the largest importers of Costa Rican leather goods, occupying the top 3 spots in the ranking.