Key Market Indicators
The country was ranked number 51 in 2021, Switzerland overtook at $3,521,300. Germany, Romania and Netherlands respectively came in numbers 2, 3 and 4 in this ranking. Sales of leather goods in Estonia are expected to reach €34 million by 2026, down 0.2% yearly on average from €33.4 million in 2021. Since 2010, the Estonian market has decreased by 4.8% year on year. Ireland overtook Estonia in 2021, with €33.4 million in sales, while France, Spain and Germany claimed the 2nd, 3rd and 4th spots respectively. Import of leather goods in Estonia is forecast to reach $10.7 million by 2026, down 0.4% yearly on average from $10.9 million in 2021. Since 2000, Estonian demand has grown 1% year on year. Kuwait overtook Estonia in 2021 with $10.9 million in imports, while Germany, France and Italy ranked 2nd, 3rd and 4th respectively. Finally, export of leather goods in Estonia is expected to reach $2.6 million by 2026, down 5.3% yearly on average from $3.5 million in 2021. Since 2000, Estonian supply has decreased by 1.6% year on year. Switzerland overtook Estonia in 2021 with $3.5 million in exports, while Germany, Romania and Netherlands were ranked 2nd, 3rd and 4th respectively.
