The Footwear with Uppers of Leather market in Denmark experienced fluctuations in value from 2013 to 2023, reaching $1.3077 billion in 2023. There was a notable decline between 2015 and 2016, followed by a relatively stable period until 2019. The market value was significantly impacted in 2020, experiencing a sharp decline, but it began to recover in 2021. However, the market saw a continuous slight decrease in the last two years.
Key trends:
- From 2013 to 2023, the year-on-year variation reflects an overall downward trend with occasional recoveries.
- The last two years saw a -1.99% change each year.
- The last five years show an average annual decrease (CAGR) of -2.67%.
Future trends to watch for include potential market stabilization as economic conditions improve, increasing consumer preference for sustainable and high-quality leather products, and ongoing shifts towards online retailing which may influence market dynamics.
| # | 40 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 36,953,000,000 | 2023 | +6.57% | +4.42% | View data |
| 2 | 2 Germany | 16,242,000,000 | 2023 | +0.99% | -0.53% | View data |
| 3 | 3 France | 15,727,000,000 | 2023 | +0.27% | +0.32% | View data |
| 4 | 4 United Kingdom | 11,384,000,000 | 2023 | -1.22% | -1.02% | View data |
| 5 | 5 Spain | 5,620,100,000 | 2023 | -0.023% | +0.9% | View data |
| 10 | 10 Austria | 2,368,300,000 | 2023 | +0.14% | -0.29% | View data |
| 11 | 11 Sweden | 1,454,600,000 | 2023 | +0.11% | +0.51% | View data |
| 12 | 12 Denmark | 1,307,700,000 | 2023 | -1.99% | -2.67% | |
| 13 | 13 Belgium | 1,143,000,000 | 2023 | -2.44% | -2.29% | View data |
| 14 | 14 Norway | 909,290,000 | 2023 | -1.19% | -1.7% | View data |
