Key Market Indicators
Export of Nepalese leather goods dropped to $978,000 in 2021, a 39.1% decrease compared to 2020. Since 1999, supply declined by 3.3% year on year. Imports of leather goods in Nepal are projected to reach $1.45 million by 2026, growing at a 1.1% year on year CAGR from 2021. Since 1999, demand has decreased by 3.6% year on year. In 2021, the country ranked 95th, with Namibia overtaking it with $1.36 million. Germany, France and Italy followed in 2nd, 3rd and 4th place, respectively.
