From 2013 to 2023, the market size value per capita for footwear with outer soles and uppers of rubber or plastics in Colombia has shown a declining trend, decreasing from $13.65 in 2013 to $6.37 in 2023. Key points include a significant drop between 2013 and 2016, followed by an inconsistent pattern with minor fluctuations. The year-on-year decline for 2022 to 2023 was approximately 5.2%. Over the last five years, the compound annual growth rate (CAGR) was negative, reflecting consistent decreases.
Future trends to watch for could involve increasing focus on sustainability, technological integration in footwear, and urbanization influencing consumer preferences. Racing against inflation and economic adjustments will be crucial for market recovery.
| # | 39 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 65.01 | 2023 | View data | ||
| 2 | 2 France | 63.29 | 2023 | View data | ||
| 3 | 3 Netherlands | 60.75 | 2023 | View data | ||
| 4 | 4 Austria | 59.63 | 2023 | View data | ||
| 5 | 5 Germany | 57.95 | 2023 | View data | ||
| 32 | 32 Dominican Republic | 7.65 | 2023 | View data | ||
| 33 | 33 Jamaica | 6.83 | 2023 | View data | ||
| 34 | 34 Colombia | 6.37 | 2023 | |||
| 35 | 35 Mexico | 4.83 | 2023 | View data | ||
| 36 | 36 Brazil | 4.45 | 2023 | View data | ||
