The forecasted export values of leather goods and related products from Turkey to Israel show a steady upward trend from 2024 to 2028. In 2024, the value is projected to be 30.588 million USD, increasing to 35.198 million USD by 2028. This represents a consistent year-on-year growth.
The year-on-year variation percentages are as follows:- 2025: 3.89%- 2026: 3.66%- 2027: 3.47%- 2028: 3.27%
The Compound Annual Growth Rate (CAGR) for the period 2024-2028 is approximately 3.57%, showing a stable average annual increase in exports over these five years.
Future trends to watch for include changes in consumer demand within Israel, potential trade agreements or tariffs affecting the trade relationship, and innovations in leather product manufacturing that could impact export volumes. Additionally, economic conditions in both Turkey and Israel may influence the forecasted growth trajectory.
