Surge in leathergoods exports from Italy

19/09/2013
Strong demand for Italian bags led to a 12% growth in exports in the first five months of the year, with leather articles performing significantly better than their synthetic counterparts.

Bag exports in the first five months totalled EUR 2.2 billion, driven largely by exports of leathergoods, which grew 16%, while exports of goods made with synthetic materials grew only 1.6%.

“Foreign demand, then, is still mainly for luxury products from the top end of the market; this very clearly matches the breakdown of Italy’s sales abroad as a whole, and their pattern of growth,” said leathergoods association Aimpes.

The mean price of women’s handbags, the mainstay of the industry’s exports, rose by 5.1% overall: for leather the price rise was 6.6%. The volume of leather bags exported grew 12% while the volume of synthetic bags rose 3%.