Key Market Indicators
Malaysia's leather goods exports are expected to reach $8.7 million by 2026, up 2.4 percent per year on average from $7.6 million in 2021. Since 1994, supply has soared 11.6 percent annually. Imports of leather goods in Malaysia are forecast to reach $32.4 million by 2026, up 2.9 percent each year on average from $27.3 million in 2021. Since 1994, demand has risen 1 percent annually. The country ranked 32nd in 2021, with Romania overtaking it at $27.3 million. Germany, France, and Italy took second, third, and fourth in the ranking, respectively.
