In 2023, Bulgaria led European imports of leather articles for machinery at 41.76 kg, despite a 9.85% annual decrease. The United Kingdom and Belgium followed with significant rises of 14.3% and 26.89%, respectively. Conversely, Germany and Slovakia experienced declines, with Germany dropping by 3.64% and Slovakia by 6.07%. Overall, Luxembourg saw the highest rise at 85.95%. Over five years, the compounded annual growth rate varied, reflecting diverse country-specific growth trajectories.
Future trends to watch include Belgium's sustained growth momentum, the United Kingdom's increasing market share, and potential recovery for countries like Germany and Slovakia to stabilize their import levels.
Top countries in Import of Articles of Leather or Composition Leather of a Kind Used in Machinery or Mechanical Appliances or for Other Technical Uses Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Bulgaria | 41.76 | 2023 | +5.75% | -9.85% | View data |
| 2 | 2 United Kingdom | 16.69 | 2023 | +2.55% | +14.3% | View data |
| 3 | 3 Belgium | 12.3 | 2023 | +1.18% | +26.89% | View data |
| 4 | 4 Portugal | 7.09 | 2023 | -1.67% | +5.85% | View data |
| 5 | 5 France | 4.82 | 2023 | +17.21% | +9.86% | View data |
| 6 | 6 Netherlands | 3.38 | 2023 | +2.49% | +4.64% | View data |
| 7 | 7 Germany | 3.03 | 2023 | -5.63% | -3.64% | View data |
| 8 | 8 Italy | 2.66 | 2023 | +9.81% | -0.53% | View data |
| 9 | 9 Slovakia | 2.48 | 2023 | -2.49% | -6.07% | View data |
| 10 | 10 Poland | 2 | 2023 | -0.18% | +5.37% | View data |
