Key Market Indicators
South Africa's leather goods exports are expected to reach $6.36 million by 2026, a 0.4% increase on the current figures. Since 2005, the country has seen a 0.3% year-on-year increase in supplies. Meanwhile, imports are forecast to fall by 2.5% year-on-year to $16.6 million in 2026. Since 2005, demand has declined by 4.4% year-on-year. South Africa currently ranks 36th in the world, having been overtaken by Indonesia with imports of $19.3 million. Germany, France and Italy rank 2nd, 3rd and 4th respectively.