In 2023, Italy dominated the European market in sold production of leather-based or leather apparel with a massive share, holding 82.81% of total value. This was followed by France with 4.95%, and Germany at 1.81%. Other notable contributors include Spain with 1.01%, and Romania at 0.65%. Minor contributions were seen from Poland (0.4%), Portugal (0.16%), Austria (0.1%), Greece (0.069%), Bulgaria (0.038%), Finland (0.033%), and Croatia (0.0096%). Year-on-year variations indicate Italy experienced a growth of 7.54%, while Greece saw a significant rise of 16.3%. However, Germany, Spain, Romania, Poland, Portugal, Bulgaria, and Croatia saw declines, with the most substantial drop in Croatia at -29.14%.
The near-term forecast suggests continued dominance by Italy, potentially stabilizing or slightly increasing its share. France and Austria are likely to experience steady growth, while countries like Greece may continue on an upward trajectory given their recent significant increase. Conversely, Germany, Romania, Poland, Bulgaria, and Croatia may continue to face challenges, indicating potential declines or stagnant growth.
Top countries in Sold Production of Leather-Based or Leather Apparel Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 82.81 | 2023 | +9.08% | +7.54% | View data |
| 2 | 2 France | 4.95 | 2023 | +7.01% | +1.17% | View data |
| 3 | 3 Germany | 1.81 | 2023 | -2.94% | -3.18% | View data |
| 4 | 4 Spain | 1.01 | 2023 | +0.21% | -1.63% | View data |
| 5 | 5 Romania | 0.65 | 2023 | -7.77% | -9.61% | View data |
| 6 | 6 Poland | 0.4 | 2023 | -4.4% | -3.39% | View data |
| 7 | 7 Portugal | 0.16 | 2023 | +9.25% | -3.79% | View data |
| 8 | 8 Austria | 0.1 | 2023 | -7.48% | +3.81% | View data |
| 9 | 9 Greece | 0.069 | 2023 | +33.37% | +16.3% | View data |
| 10 | 10 Bulgaria | 0.038 | 2023 | -2.76% | -6.91% | View data |
