The articles for pocket or handbag with outer surface of leather market size value per capita in Malta saw fluctuations over the past decade. In 2023, the value stood at $1.47. There was a 0% year-on-year change from 2022 to 2023. Comparing the 2021 to 2023 period, the market value remained fairly stable, with only minor fluctuations, showcasing a slight decreasing trend annually since the value remains lower than in previous peak years like 2013 ($1.67). The compound annual growth rate (CAGR) over the last five years indicates a mild overall decline.
Looking ahead, it is crucial to monitor changes in consumer preferences, sustainable fashion trends, and economic factors that could influence the demand for leather goods in Malta. These factors have the potential to either stabilize the market or drive future growth.
| # | 19 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 18.09 | 2023 | View data | ||
| 2 | 2 Australia | 17.69 | 2023 | View data | ||
| 3 | 3 Austria | 12.57 | 2023 | View data | ||
| 4 | 4 Germany | 8.92 | 2023 | View data | ||
| 5 | 5 Netherlands | 8.75 | 2023 | View data | ||
| 12 | 12 Lithuania | 2.48 | 2023 | View data | ||
| 13 | 13 Slovenia | 1.58 | 2023 | View data | ||
| 14 | 14 Malta | 1.47 | 2023 | |||
| 15 | 15 Hungary | 0.92 | 2023 | View data | ||
| 16 | 16 Mexico | 0.44 | 2023 | View data | ||
