Leather apparel market in Finland

Earlier Report Observations

After reaching USD 5.2 million in 2018, the leather apparel market in Finland began to contract. This decline was linked to a broader reduction in clothing and footwear spending by Finnish consumers, coupled with the growing popularity of the second-hand clothing market, which diverted demand away from new leather items. By 2021, market volume had fallen to USD 3.6 million.

The market saw a temporary rebound in 2022, rising to USD 4.3 million, partly due to the introduction of new labeling requirements for leather and textile products that enhanced transparency and consumer trust. However, volume dropped again to USD 3.4 million in 2023. By 2024, the market grew to USD 3.7 million, supported by increasing consumer interest in sustainable fashion and the entry into force of the EU Ecodesign Regulation, which spurred demand for durable and repairable leather apparel.

Production leather apparel in Finland

In value, 2017-2020, K $ US

Finland's leather apparel production has declined for three consecutive years. In 2020, output was valued at 779 thousand US dollars, which is 0.7% lower than the previous year. Over the period from 2017 to 2020, production decreased by 28.2%, with an average annual decline of 10.5%.

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

Exports leather apparel from Finland

Exports in kind, kg

The market showed significant volatility during these years. The lowest export volume was recorded in 2019 at 5 945 kg, while the highest was in 2018 at 13 564 kg, representing a 2.3-fold difference between these years. In 2020, Finland's leather apparel export volume reached 10 735 kg, marking a sharp increase of 80.6% compared to 2019. The largest decline occurred in 2019, with a drop of 56.2%.

Annual dynamics of product's exports from Finland in kind, 2017-2020, kg

From 2017 to 2020, Sweden, Russia, and Estonia were the leading destinations for Finland's leather apparel exports in volume terms. Sweden accounted for 30.6% of exports, Russia for 20.9%, and Estonia for 16.5%. Together, these three countries represented 68.0% of total export flows.

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

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

Exports in value, K $ US

After two years of growth, Finland's leather apparel exports declined in 2020. The export value reached 1 307 thousand US dollars, corresponding to a year-over-year loss of 23.9%. Between 2017 and 2020, exports increased by 4.9%, equating to an average annual growth rate of 1.6%. The highest value was recorded in 2019 at 1 718 thousand US dollars, with the largest increase occurring in 2018 at 21.3%.

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

From 2017 to 2020, Sweden, Russia, and Estonia were the main markets for Finland's leather apparel exports in value terms. Sweden accounted for 41.8% of exports, Russia for 13.6%, and Estonia for 11.0%. Together, these three countries represented 66.4% of total export flows.

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

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

Imports leather apparel to Finland

Imports in kind, kg

Market performance showed noticeable fluctuations during this period. The lowest import volume was recorded in 2019 at 19 034 kg, while the highest was in 2020 at 66 371 kg, representing a 4.6-fold difference between these years. In 2020, leather apparel import volumes in Finland reached 66 371 kg, marking a sharp increase of 248.7% compared to 2019. The largest decline occurred in 2019, with a drop of 71.6%.

Annual dynamics of product's imports to Finland in kind, 2017-2020, kg

Over the period from 2017 to 2020, Pakistan, India, and China were the main sources for Finland's leather apparel imports in volume terms. Pakistan accounted for 32.8% of imports, India for 31.9%, and China for 16.4%. Together, these three countries represented 81.1% of total import flows.

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

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

Imports in value, K $ US

In 2020, cross-border shipments of leather apparel in Finland reached 5 081 thousand US dollars, marking a robust decrease of 11.4% compared to 2019. Between 2017 and 2020, imports decreased by 19.7%, equating to an average annual decline of 7.1%. The largest increase was recorded in 2019 at 0.5%.

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

From 2017 to 2020, India, Pakistan, and China led the structure of Finland's leather apparel imports in value terms. India accounted for 37.0% of imports, Pakistan for 23.7%, and China for 13.1%. Together, these three countries represented 73.8% of total import flows.

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

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