The Footwear with Uppers of Leather market in South Africa displayed variability over 2013-2023. The market value per capita started at $16.23 in 2013, reaching $13.92 in 2023. Significant declines occurred around 2016-2017 and again in 2020, dropping from $14.64 to $11.90, but partial recovery was noted by 2021, hitting $14.20. Recent trends show a 1% decrease from 2022 to 2023. The five-year CAGR stands negative, reflecting a steady decline.
Looking forward, watch for:
- Consumer demand shifts towards sustainable products.
- Potential market growth as economic conditions improve.
- Influence of global leather supply chains on pricing.
How does South Africa rank in Footwear with Uppers of Leather Market Size Value Per Capita?
| # | 40 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 262.54 | 2023 | View data | ||
| 2 | 2 Netherlands | 248.1 | 2023 | View data | ||
| 3 | 3 France | 231.93 | 2023 | View data | ||
| 4 | 4 Denmark | 220.88 | 2023 | View data | ||
| 5 | 5 Germany | 200.69 | 2023 | View data | ||
| 26 | 26 China | 25.71 | 2023 | View data | ||
| 27 | 27 Costa Rica | 18.67 | 2023 | View data | ||
| 28 | 28 South Africa | 13.92 | 2023 | |||
| 29 | 29 Guatemala | 13.46 | 2023 | View data | ||
| 30 | 30 El Salvador | 9.47 | 2023 | View data | ||
