The export of leather clothing accessories from the Netherlands saw considerable fluctuation from 2013 to 2023. After a high of $234.48 million in 2013, the value significantly declined until hitting a low of $161.03 million in 2017. The series then exhibited a recovery trend, standing at approximately $196.59 million in 2023. Year-on-year variations were quite pronounced, with significant drops notably in 2015 (-20.1%) and 2016 (-13.28%), but also saw positive change in 2018 (24.34%) and a stabilized growth from 2021 onwards, with values consistently increasing by around 0.7% per year.
From 2024 onwards, the forecasted data suggest a steady incremental rise, with the value projected to reach $203.84 million by 2028. The 5-year CAGR for the future period stands at an estimated 0.57%, indicating moderate growth. Overall, an average annual variation of 2.89% is expected over this 5-year forecast period.
Future trends to watch for include:
- Changes in global demand for luxury and leather goods which could impact export values.
- Trade policies and agreements affecting the ease of export from the Netherlands to other regions.
- Technological advancements in leather processing that could reduce costs and increase production efficiency.
