In 2023, the leather clothing accessories market in Bosnia and Herzegovina stood at 7.9889 million USD. Over the past decade, this market has shown significant variation, with peaks in 2014 and notable declines by 2017. The market showcases volatility, evident from sharp declines in 2020 to a slight recovery in 2021, followed by a downward trend in 2022-2023. The latest 5-year CAGR reflects a slight contraction at -1.4%.
Looking forward, the market could be influenced by factors such as global economic conditions, fashion trends, and material innovations, which might stabilize or invigorate consumer demand.
| # | 35 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 4,025,000,000 | 2023 | -0.2% | -0.7% | View data |
| 2 | 2 France | 2,641,700,000 | 2023 | -0.0048% | +0.28% | View data |
| 3 | 3 Italy | 2,100,800,000 | 2023 | -4.18% | -4.69% | View data |
| 4 | 4 Germany | 1,755,400,000 | 2023 | -2.83% | -3.14% | View data |
| 5 | 5 Japan | 1,490,200,000 | 2023 | -4.33% | -4.36% | View data |
| 27 | 27 Costa Rica | 9,893,100 | 2023 | -1.7% | -2.47% | View data |
| 28 | 28 Iceland | 8,532,400 | 2023 | +1.74% | +0.29% | View data |
| 29 | 29 Bosnia and Herzegovina | 7,988,900 | 2023 | -1.11% | -1.4% | |
| 30 | 30 El Salvador | 5,339,700 | 2023 | +0.32% | +0.36% | View data |
| 31 | 31 Cyprus | 4,836,400 | 2023 | -5.94% | -3.75% | View data |