Analysis of the footwear market in Peru reveals a decrease in per capita value from $1.57 in 2013 to $1.07 in 2023. The market has shown a consistent decline, with fluctuations observed in certain years. Specifically, year-on-year, there was a small rebound from 2020 to 2021. In 2023, the value stood at $1.07, marking a total decline over the decade. The compound annual growth rate (CAGR) for the last five years suggests a negative average annual variation.
Future trends to watch include potential recovery post-2023 as consumer demand could revitalize with economic recovery. Analyzing shifts in consumer preferences and economic indicators will be crucial.
How does Peru rank in Footwear with Upper Straps or Thongs Assembled to the Sole by Means of Plugs Market Size Value Per Capita?
| # | 15 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 4.82 | 2023 | View data | ||
| 2 | 2 Spain | 3.58 | 2023 | View data | ||
| 3 | 3 Chile | 2.98 | 2023 | View data | ||
| 4 | 4 United Kingdom | 1.69 | 2023 | View data | ||
| 5 | 5 Guatemala | 1.62 | 2023 | View data | ||
| 8 | 8 Germany | 1.2 | 2023 | View data | ||
| 9 | 9 Nicaragua | 1.11 | 2023 | View data | ||
| 10 | 10 Peru | 1.07 | 2023 | |||
| 11 | 11 Sweden | 1.05 | 2023 | View data | ||
| 12 | 12 El Salvador | 0.95 | 2023 | View data | ||
