In 2023, the export value of leather clothing accessories from Turkey stood at $98 million. According to the forecasted data, a marked decline can be observed over the next five years. Specifically, the values are projected to fall from $90.666 million in 2024 to $57.99 million in 2028. The year-on-year percentage changes indicate a consistent downward trend: -9.26% from 2024 to 2025, -10.04% from 2025 to 2026, -10.91% from 2026 to 2027, and -12.03% from 2027 to 2028. Over the last two years, the export value declined by approximately -15.97%, while the five-year CAGR shows an average annual decrease of -9.82%.
Future trends to watch for in the leather clothing accessories export sector from Turkey include shifts in global demand due to changing fashion trends, potential trade policy changes, and the economic impact of sustainability practices in the leather industry. Monitoring these factors will be vital for anticipating further market movements.