In 2023, Italy led the European export market for luggage, handbags, saddlery, and harness with a significant volume. Belgium experienced the highest growth at 13.27%, while Greece surged by 34.8%, indicating strong performance. In contrast, Slovakia faced a notable decline of 21.48%. Hungary and the United Kingdom also saw reductions, emphasizing varying national performances. Countries like Slovenia, Austria, and Portugal displayed moderate growth, whereas Cyprus faced a stark drop of 32.11%. This heterogeneous growth highlights diverse market dynamics at play across Europe.
Future trends to watch in the European export of these goods include:
- Potential growth in high-value markets like Italy, Belgium, and Spain, reinforcing their leading positions.
- Whether Greece can sustain its rapid growth, suggesting opportunities for further expansion and increased market share.
- Recovery trajectories for countries like Hungary and Slovakia, potentially stabilizing their export figures.
- Opportunities for new market entries or investments in low-volume but steadily growing markets such as Slovenia and Austria.
- The impact of broader economic conditions and trade policies on export dynamics throughout Europe.
Top countries in Export of Luggage, Handbags, Saddlery and Harness by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 54,909,000 | 2023 | +8.46% | +1.83% | View data |
| 2 | 2 Belgium | 40,769,000 | 2023 | +17.21% | +13.27% | View data |
| 3 | 3 Spain | 35,310,000 | 2023 | +8.4% | +3.86% | View data |
| 4 | 4 Netherlands | 25,831,000 | 2023 | +7.8% | +3.39% | View data |
| 5 | 5 France | 22,266,000 | 2023 | +7.39% | +2.31% | View data |
| 6 | 6 Germany | 19,871,000 | 2023 | +5.3% | +2.17% | View data |
| 7 | 7 Greece | 17,371,000 | 2023 | +0.85% | +34.8% | View data |
| 8 | 8 Hungary | 15,878,000 | 2023 | +4.73% | -7.03% | View data |
| 9 | 9 Poland | 14,949,000 | 2023 | +4.17% | +3.72% | View data |
| 10 | 10 United Kingdom | 11,692,000 | 2023 | -1.63% | -1.85% | View data |
