Key Market Indicators
Sales of leather goods in Bulgaria are expected to reach €127 million by 2026, down 1% on average year-on-year from €129 million in 2021. Since 2010, the market has declined by 4.3% year-on-year. Bulgaria ranked 20th in 2021, with Greece coming in ahead at €129 million. France, Spain and Germany were 2nd, 3rd and 4th respectively in the ranking. Bulgarian leather goods exports are projected to reach $3.9 million by 2026, representing a year-on-year growth of 1% on average since 2021. Since 2001, exports have increased by 1.9% year-on-year. Imports of leather goods into Bulgaria are expected to reach $10.6 million by 2026, up 0.1% year-on-year since 2021. Since 2001, demand has grown 2.3% year-on-year. Bulgaria ranked 48th in 2021, with Croatia coming in ahead with $10.5 million. Germany, France and Italy were 2nd, 3rd and 4th respectively in the ranking.
