Key Market Indicators
Exports of leather goods from Pakistan are expected to reach $613 million by 2026. This represents a 0.1% annual growth from the current figure of $610 million. Since 2008, the average rate of increase has been 0.4% each year. Meanwhile, imports of leather products for Pakistan are projected to stand at $1 billion in 2026. This is a 12% decrease from the 2021 figure of $2.15 billion. Since 2008, the average yearly decrease has been 15.5%. Pakistan was ranked 86th in 2021, with Cyprus overtaking them at $2.15 billion. Germany, France and Italy came in 2nd, 3rd and 4th in the rankings, respectively.
