Key Market Indicators
Russia's handbag exports and imports are expected to rise over the next five years. According to a recent report, Russian handbag exports are projected to increase by 2.5% year on year, reaching around 82,500 units by 2026. This represents a steady growth from 71,100 units in 2021. Since 2005, the country has seen a 0.5% year on year growth in exports. Meanwhile, imports are estimated to grow by 1.7% year on year, reaching 2.6 million units by 2026. This is slightly higher than the 2.4 million units forecast in 2021. Since 2005, Russia has seen an impressive 14% year on year growth in demand for handbags.
