Leather Apparel Market Overview in Estonia
In value terms, leather apparel production contracted sharply to $ in estimated in export prices. In general, production saw a dramatic slump. The pace of growth was the most pronounced in 2015 with an increase of % year-to-year. Over the period under review, production attained the peak level at $ in 2007; however, from 2008 to , production stood at a somewhat lower figure.
The value of the leather apparel market in Estonia dropped remarkably to $ in , shrinking by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a abrupt downturn. The most prominent rate of growth was recorded in 2011 when the market value increased by % y-o-y. Over the period under review, the market attained the maximum level at $ in 2013; however, from 2014 to , consumption remained at a lower figure.