In 2023, Italy remained the leader in European sold production of leather uppers of footwear, holding a 39.41% share, despite a 4.3% decline from the previous year. Romania followed with a 31.84% share, showing a slight increase of 0.86%. Germany saw significant growth, rising by 24.91% to command an 11.27% share. Spain and Bosnia and Herzegovina accounted for 9.97% and 5.21% respectively, with minor fluctuations. Portugal and Croatia experienced slight declines in share, while Bulgaria had the largest year-on-year growth of 11.28%.
Looking ahead, potential growth could be seen in emerging markets like Bulgaria and Poland, due to observed recent increases. Germany's strong growth trajectory may continue if current trends persist, potentially closing the gap with Italy and Romania.
Top countries in Sold Production of Leather Uppers of Footwear Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 39.41 | 2023 | +12.83% | -4.3% | View data |
| 2 | 2 Romania | 31.84 | 2023 | +1.47% | +0.86% | View data |
| 3 | 3 Germany | 11.27 | 2023 | +18.5% | +24.91% | View data |
| 4 | 4 Spain | 9.97 | 2023 | +10.77% | -0.028% | View data |
| 5 | 5 Bosnia and Herzegovina | 5.21 | 2023 | +4.2% | +4.61% | View data |
| 6 | 6 Serbia | 3.07 | 2023 | +5.32% | +4.5% | View data |
| 7 | 7 Portugal | 1.73 | 2023 | +10.37% | -6.62% | View data |
| 8 | 8 Croatia | 1.28 | 2023 | +0.65% | -0.28% | View data |
| 9 | 9 Hungary | 0.58 | 2023 | -4.63% | -4.73% | View data |
| 10 | 10 Macedonia | 0.5 | 2023 | +1.53% | -0.68% | View data |
