Key Market Indicators
Sales of Spanish leather goods are expected to reach €3.6 billion by 2026, down 1.1% from €3.6 billion in 2021. Since 2010, the Spanish market has been in decline, falling by an average of 3.8% annually. France, Spain and Germany are the top three markets in 2021, in that order. Exports of Spanish leather goods are set to reach $268 million by 2026, up 1.4% from $247 million in 2021. Since 1994, Spanish leather goods exports have fallen by 0.1% each year. Imports of Spanish leather goods are projected to reach $225 million by 2026, down 0.8% from $236 million in 2021. Since 1994, imports have decreased by 4.3% annually. The Netherlands is number one in this sector in 2021, followed by Germany, France and Italy.