Key Market Indicators
Lebanese imports of clothing accessories are projected to climb to nearly $46,600 by 2028, up from approximately $41,900 in 2023. This marks an average annual growth rate of 1.7%. However, this comes against a historical backdrop of declining demand, with a 2.5% year-on-year decrease observed since 2002. On the export front, Lebanon saw a significant surge in 2018. Exports of clothing accessories skyrocketed to about $2,900, a dramatic increase of 428% compared to the previous year's figure of roughly $544. This spike stands in contrast to the longer-term trend, as Lebanese exports have experienced a 25.9% year-on-year decline since 2007.