Key Market Indicators
Sales of leather goods in Serbia are set to reach €336 million by 2026, up from €299 million in 2021. This represents an average annual growth rate of 1.4%. In 2021, Serbia was the 15th largest global exporter of leather goods, overtaken by Slovenia, which reported €298.5 million in sales. The top three exporters of leather goods in 2021 were France, Spain and Germany. Serbian exports of leather goods are forecast to reach $1.56 million in 2026, up from $1.55 million in 2021. This indicates a year-on-year average growth rate of 0.1%. Since 2010, Serbian exports have grown 1.7% year on year. Serbian imports of leather goods are predicted to reach $2.88 million in 2026, down from $3.48 million in 2021. This reflects an average year-on-year decrease of 3.2%. Since 2010, Serbian imports have declined by 3.3% year on year. In 2021, Serbia was the 72nd largest global importer of leather goods, overtaken by Myanmar, which reported $3.48 million in imports. The top three importers of leather goods in 2021 were Germany, France and Italy.
