Leather and composition leather belts and bandoliers market in Germany

Earlier Report Observations

The German market for leather and composition leather belts and bandoliers began the period at 67.9 million US dollars in 2018, supported by strong marketing drivers in the leather goods sector, particularly for women's handbags, as well as belts, gloves, and umbrellas. A growing leisure orientation in leather products also boosted demand for leather belts. However, the market value declined to 60.6 million dollars in 2019 as these trends likely moderated. The onset of the COVID-19 pandemic in 2020 sharply accelerated the contraction to 43.3 million dollars, as raw material shortages and logistics disruptions hampered leather production and distribution, while widespread remote work reduced the need for formal attire and leather belts. The downturn continued into 2021, with the market shrinking further to 30.9 million dollars.

A partial recovery occurred in 2022, lifting the market to 38.2 million dollars, fueled by shifting consumer preferences toward sustainable and ethically produced leather belts, with around a quarter of brands adopting more environmentally friendly leather processes. At the same time, rising producer prices for leather and leather goods increased production costs. The market dipped again to 30.3 million dollars in 2023 amid continued producer price inflation, although new designs and innovations such as minimalist and multifunctional belts aimed to meet fashion-conscious demand. By 2024, the market rebounded to 37.6 million dollars, driven by the launch of smart leather belts with integrated technology, which captured a notable market share, alongside growing consumer disposable income, urbanization, and heightened fashion awareness.

Production leather belts and bandoliers in Germany

In value, 2017-2020, K $ US

Germany's production of leather and composition leather belts and bandoliers has declined for the third year in a row. In 2020, output was valued at 24 671 thousand US dollars, marking an 18.7% decrease from the previous year. From 2017 to 2020, production fell by 35.3%, which translates to an average annual decline of 13.5%.

Annual dynamics of production in Germany in value, 2017-2020, K $ US

Exports leather belts and bandoliers from Germany

Exports in kind, t

Exports of leather and composition leather belts and bandoliers from Germany have increased for the third consecutive year. In 2020, exports reached 1 681 tonnes, representing a 10.0% year-over-year growth. Over the period from 2017 to 2020, exports rose by 13.7%, with a compound annual growth rate of 4.4%.

Annual dynamics of product's exports from Germany in kind, 2017-2020, t

From 2017 to 2020, Germany exported leather and composition leather belts and bandoliers to numerous countries. Even the top destinations—Austria, the Netherlands, and Poland—collectively accounted for only 38.3% of total exports in volume.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Germany in kind, 2017-2020

Exports in value, M $ US

After two years of growth, the value of leather and composition leather belts and bandoliers exported from Germany declined. In 2020, exports were recorded at 123.9 million US dollars, a 15.9% decrease from the previous year. From 2017 to 2020, exports fell by 4.2%, with a compound annual decline of 1.4%. The peak value was in 2019 at 147.4 million US dollars, while the largest increase occurred in 2018 at 11.7%.

Annual dynamics of product's exports from Germany in value, 2017-2020, M $ US

Between 2017 and 2020, the value of leather and composition leather belts and bandoliers exported from Germany was distributed across many countries. Switzerland, Austria, and China were the leading destinations, but together they represented only 27.6% of total export value, with shares of 11.8%, 8.1%, and 7.6%, respectively.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Germany in value, 2017-2020

Imports leather belts and bandoliers to Germany

Imports in kind, t

Germany imported 3 133 tonnes of leather and composition leather belts and bandoliers in 2020, a 13.1% decrease from the prior year. From 2017 to 2020, imports declined by 11.7%, averaging an annual drop of 4.1%. The highest volume was in 2019 at 3 606 tonnes, with the largest increase also occurring in 2019 at 2.3%.

Annual dynamics of product's imports to Germany in kind, 2017-2020, t

During 2017–2020, China, India, and Italy were the core sources for Germany's imports of leather and composition leather belts and bandoliers in volume. Together, they accounted for 60.8% of total imports, with shares of 32.5%, 16.7%, and 11.7%, respectively.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Germany in kind, 2017-2020

Imports in value, M $ US

Following two years of increase, imports of leather and composition leather belts and bandoliers into Germany declined. In 2020, imports were valued at 142.5 million US dollars, a 19.7% drop compared to 2019. From 2017 to 2020, imports decreased by 9.2%, with an average annual decline of 3.2%. The peak value was in 2019 at 177.6 million US dollars, and the largest increase was in 2018 at 11.2%.

Annual dynamics of product's imports to Germany in value, 2017-2020, M $ US

From 2017 to 2020, Italy, China, and India were the largest suppliers of leather and composition leather belts and bandoliers to Germany in value terms. Collectively, they made up 60.7% of total imports, with Italy contributing 39.4%, China 13.1%, and India 8.2%.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Germany in value, 2017-2020