As of 2024, Bulgaria remains the largest contributor to the European import of luggage, handbags, saddlery, and harness by kilograms, despite a decrease of 9.85% in 2023. The United Kingdom, Belgium, and Portugal have shown strong growth, with the UK increasing by 14.3% and Belgium by 26.89%. Luxembourg exhibited the highest percentage growth at 85.95%. In contrast, countries like Latvia, Lithuania, and Estonia experienced significant declines. Over the last five years, the average annual growth rate varied across countries, indicating diverse market dynamics within Europe.
Future trends to watch include:
- The potential for recovery in countries with negative growth, especially if economic conditions improve.
- Continued increase in demand from countries with strong growth trends like Belgium and the UK.
- Possible shifts in supply chain dynamics impacting key importing countries.
Top countries in Import of Luggage, Handbags, Saddlery and Harness Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Bulgaria | 41.76 | 2023 | +5.75% | -9.85% | View data |
| 2 | 2 United Kingdom | 16.69 | 2023 | +2.55% | +14.3% | View data |
| 3 | 3 Belgium | 12.3 | 2023 | +1.18% | +26.89% | View data |
| 4 | 4 Portugal | 7.09 | 2023 | -1.67% | +5.85% | View data |
| 5 | 5 France | 4.82 | 2023 | +17.21% | +9.86% | View data |
| 6 | 6 Netherlands | 3.38 | 2023 | +2.49% | +4.64% | View data |
| 7 | 7 Germany | 3.03 | 2023 | -5.63% | -3.64% | View data |
| 8 | 8 Italy | 2.66 | 2023 | +9.81% | -0.53% | View data |
| 9 | 9 Slovakia | 2.48 | 2023 | -2.49% | -6.07% | View data |
| 10 | 10 Poland | 2 | 2023 | -0.18% | +5.37% | View data |
