Key Market Indicators
Sales of Romanian leather goods are projected to reach nearly €895 million by 2026, down from €871 million in 2021. This represents an average annual decrease of 0.9%. Since 2010, the market has seen a yearly decline of 5.6%. In 2021, Romania ranked eighth in the world, while Poland was ahead with €871 million. France, Spain, and Germany held the top three spots respectively. Exports of Romanian leather goods are estimated to reach around $47 million in 2026, up from $47 million in 2021. This amounts to a yearly growth rate of 0.1%. Since 1994, the supply has decreased by 0.4% each year. Imports of Romanian leather goods are expected to reach $30.5 million in 2026, up from $28.1 million in 2021. This equates to a yearly increase of 1.4%. Since 1994, demand has risen by 1.8% per annum. In 2021, Romania ranked 31st in the world, while Thailand was ahead with $28.1 million. Germany, France, and Italy held the top three spots respectively.