In 2023, the European import landscape for luggage, handbags, saddlery, and harness was led by Italy and Spain, both with values over 100 million items, followed by France and the United Kingdom. Notable year-on-year variations included Malta's notable 62.34% increase, indicating sustained growth in this sector, while Ireland and Slovakia faced significant declines of 16.6% and 18.08%, respectively.
Key highlights:
- Strong growth observed in Malta, Italy, Greece, and Poland.
- Declines noted in Lithuania, Hungary, Cyprus, Ireland, and Slovakia.
- The Netherlands showed a minor reduction, reflecting slight market saturation or competition.
Future trends to monitor include the potential for expanded import volumes in traditionally smaller markets such as Latvia and Bulgaria, alongside the strategic shifts in the UK market due to its minimal growth. Additionally, the resilience of supply chains in the aftermath of geopolitical developments will be pivotal.
Top countries in Import of Luggage, Handbags, Saddlery and Harness by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 125,740,000 | 2023 | +9.28% | +5.46% | View data |
| 2 | 2 Spain | 119,610,000 | 2023 | +12.96% | +4.21% | View data |
| 3 | 3 France | 85,823,000 | 2023 | +6.73% | +1.94% | View data |
| 4 | 4 United Kingdom | 79,345,000 | 2023 | -1.22% | +0.12% | View data |
| 5 | 5 Malta | 50,349,000 | 2023 | +73.13% | +62.34% | View data |
| 6 | 6 Germany | 50,053,000 | 2023 | +7.27% | +1.58% | View data |
| 7 | 7 Netherlands | 42,657,000 | 2023 | +8.93% | -1.46% | View data |
| 8 | 8 Belgium | 35,164,000 | 2023 | +11.65% | +3.82% | View data |
| 9 | 9 Poland | 32,773,000 | 2023 | +3.45% | +5.05% | View data |
| 10 | 10 Hungary | 31,828,000 | 2023 | +4.51% | -5.45% | View data |
