Key Market Indicators
Swiss leather goods sales are set to reach nearly €770 million by 2026, up from €669 million in 2021. This equates to an average year-on-year growth rate of 2.4%. Since 2014, sales in the Swiss market have increased by an average of 5.3% each year. Hungary was the number one market in 2021, with France, Spain and Germany taking the next three spots in the ranking. Exports of Swiss leather goods are forecast to reach $110 million by 2026, up from $101 million in 2021. This equates to an average year-on-year growth rate of 1.4%. Since 1993, Swiss supply has grown by an average of 8.9% each year. Finally, imports of Swiss leather goods are set to reach $183 million by 2026, up from $181 million in 2021. This equates to an average year-on-year growth rate of 0.2%. Since 1993, Swiss demand has increased by an average of 2.4% each year. South Korea was the number one supplier in 2021, with Germany, France and Italy taking the next three spots in the ranking.
