Leather Apparel Market - Italy Becomes the Top Global Exporter of Leather Apparel

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The global trade in leather apparel amounted to 3,426 million USD in 2015, fluctuating mildly over the period under review. An 18% drop in 2009 was followed by modest recovery over the next two years, until exports dipped again. After growing for another two years, exports saw their second 18% drop.

According to IndexBox estimates, Italy emerged as the global leader in exports on the leather apparel market. In 2015, Italy’s supplies of leather apparel totaled 594 million USD, which accounted for a 17% share of global exports. India, China, Pakistan, and Germany were the other key global suppliers of leather apparel in 2015, with a 43% combined share of global exports.

India (+7.2% per year) and Italy (+1.3% per year) were the only two countries among the top-five exporters that showed a positive growth rate from 2007 to 2015. India significantly strengthened its position in terms of global exports of leather apparel, growing its share from 8% in 2007 to 17% in 2015.

USA (15%, based on value terms), Germany (12%), France (9%), the UK (6%), and Italy (6%) were the leading destinations of imports of leather apparel in 2015. All major importers contracted their imports over the period under review, with the exception of France, which had a CAGR of +1.0% from 2007 to 2015. None of the key importers posted substantial gains in share size, and the USA saw its share of global imports reduced by -6% percentage points. 

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Source: World: Apparel Of Leather Or Of Composition Leather - Market Report. Analysis and Forecast to 2020