Key Market Indicators
Israeli clothing accessories exports have seen a notable decline, falling by 16.4% from $44,300 in 2022 to approximately $37,000 in 2023. This marks a continuing trend of decreasing exports, with an average annual decline of 8.9% since the year 2000. In the global ranking for 2023, Israel holds the 33rd position, with Croatia narrowly ahead at the same export value of around $37,000. The top three positions are occupied by the Netherlands, Malaysia, and Italy, respectively. On the import front, Israel's clothing accessories market is projected to reach roughly $838,000 by 2028, up from about $818,000 in 2023. This represents a modest annual growth rate of 0.4%. Since 2000, Israeli demand for clothing accessories has shown a positive trend, increasing by an average of 3.3% per year.
