Introduce
The German economy is in the recession after a long inflation phase. One of the consequences is consumer retention among consumers. From January to November 2024 the total value of the import Leather goods 3.55 billion euros – a decrease of 2.2%.
Also in 2024 remained Italy in Europe the most important trading partner In import, but with lower numbers than before. For leather goods, the value from January to November 2023 was almost half a billion euros. The value decreased to EUR 428 million in 2024. This corresponds to a minus of 14.2 percent compared to 2023.
The most important importers from Asia are China, Vietnam and India. The value of the leather goods introduced China From January to November 2024, EUR 1.56 billion. For comparison: in 2023 it was worth 1.53 billion euros – a slight plus of almost 2%.
The value of the leather goods introduced Vietnam was 330 million euros (-4.9 %). In 2023 it was still 347 million euros.
The value of leather goods India was around 233 million euros by November 2024. Here is an increase of 5.4 percent.
