Key Market Indicators
China came in at number 1 in the ranking in 2021, followed by Italy, France and Japan respectively at $953,600,000. China's imports of leather goods are expected to reach $351 million by 2026, up 2.5% per year from $303 million in 2021. Chinese demand has been increasing by 6.5% every year since 1997. Japan overtook China in 2021, with $303 million in imports. Germany, France and Italy took the next three spots in the ranking. Exports of leather goods from China are forecast to drop 9.4% per year to $542 million by 2026, down from $954 million in 2021. Chinese supply has been falling 6.8% per year since 1997. China was number one in the ranking in 2021, followed by Italy, France and Japan at $954 million.