Key Market Indicators
Luxembourger leather goods exports are forecast to drop by 5.8% year-on-year average from 2021 to 2026, reaching $535,630 by the end of that period. Since 2004, supply has decreased by an average of 5.4% year-on-year. Imports of leather goods in Luxembourg are expected to decline by 1.2% year-on-year average from 2021 to 2026, reaching $7.6 million by the end of that period. Since 2004, demand has increased by an average of 0.5% year-on-year. In 2021, the country ranked 53rd, just behind Slovenia, whose imports were worth $8.2 million. Germany, France and Italy ranked second, third and fourth in the ranking.
