Key Market Indicators
Portugal came in 6th in 2021, with France topping the ranking at $1,208,500. The United Kingdom, Canada and China respectively stood at 2nd, 3rd and 4th in this ranking. Global sales of clothing accessories are projected to reach $6.46 billion by 2026, down 4.5% from 2020's $8.43 billion. Market growth for the period was 3.9%. France, the UK, and Canada led the rankings, followed by the US, Belgium, Malaysia, and Portugal. Exports of Portuguese clothing accessories are forecast to reach $5.05 billion by 2026, a 2.1% annual average increase from 2021's $4.47 billion. Since 1993, Portuguese supply has risen 75.1%. France overtook Portugal in 2021, capturing the top spot with $4.47 billion, followed by the US, Belgium, and Malaysia. Imports of Portuguese clothing accessories are expected to reach $1.23 billion by 2026, a 0.3% average annual growth from 2021's $1.21 billion. Since 1993, Portuguese demand has risen 9.1%. Portugal was 6th in 2021, with France at the top spot with $1.21 billion. The UK, Canada, and China came in numbers 2, 3, and 4 respectively.
