Key Market Indicators
In 2021, Belarus placed 64th in the ranking, followed by Cambodia with $2,165,700. The top-3 countries were Germany, France and Italy. The leather goods industry in Belarus is set to grow in the coming years, with imports expected to reach $7.4 million by 2026, a 2.7% year-on-year growth rate since 2021. Since 2003, Belarusian demand has increased by 3.4% year-on-year. In 2021, Belarus was ranked 63rd, with Cambodia ahead of them at $6.3 million. Germany, France, and Italy, respectively, held the top three positions in the ranking. Exports of leather goods from Belarus are expected to reach $2.5 million by 2026, with an average growth rate of 2.5% since 2021. Since 2003, Belarusian supply has increased by 14.8% year-on-year. In 2021, Belarus was placed 64th in the ranking, just behind Cambodia at $2.2 million. The top three countries were Germany, France, and Italy.