In 2023, Italy leads European exports of luggage, handbags, and related items, capturing a significant portion of the market share, followed by Belgium and Spain. Notably, Greece experienced a substantial increase in exports compared to the previous year, while Hungary and the United Kingdom faced declines. Over the past five years, there has been notable growth in exports from Portugal, Slovenia, and Austria. On the contrary, Slovakia and Cyprus experienced significant downturns over the same period.
Looking ahead, there are a few trends to watch for in the European export market for these products:
- Continued growth in countries like Greece due to enhanced production capabilities and market diversification.
- A focus on sustainable materials, which may shift market shares as countries adapt to eco-friendly practices.
- Potential impacts of regulatory changes or trade agreements affecting inter-European and global trade dynamics.
Top countries in Export of Luggage, Handbags of Leather, Composition of Leather, Plastic Sheeting, Textile Materials, Vulcanised Fibre or Paperboard Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 18.5 | 2023 | +8.46% | +1.83% | View data |
| 2 | 2 Belgium | 13.73 | 2023 | +17.21% | +13.27% | View data |
| 3 | 3 Spain | 11.89 | 2023 | +8.4% | +3.86% | View data |
| 4 | 4 Netherlands | 8.7 | 2023 | +7.8% | +3.39% | View data |
| 5 | 5 France | 7.5 | 2023 | +7.39% | +2.31% | View data |
| 6 | 6 Germany | 6.69 | 2023 | +5.3% | +2.17% | View data |
| 7 | 7 Greece | 5.85 | 2023 | +0.85% | +34.8% | View data |
| 8 | 8 Hungary | 5.35 | 2023 | +4.73% | -7.03% | View data |
| 9 | 9 Poland | 5.04 | 2023 | +4.17% | +3.72% | View data |
| 10 | 10 United Kingdom | 3.94 | 2023 | -1.63% | -1.85% | View data |
