The Footwear Parts Market in Costa Rica has shown a declining trend over the past decade, peaking in 2015. In 2023, its size stood at approximately 5.31 million USD. The year-on-year decrease in 2022 and 2023 was marginal, indicative of a stabilizing market but still in a phase of reduction over the long term. Over the last five years, the Compound Annual Growth Rate (CAGR) was negative, reflecting a consistent downward trend since 2013.
Future trends to watch for include:
- Emerging local manufacturers leveraging sustainable materials.
- Potential recovery of demand driven by increasing focus on customized footwear.
- Impact of global trade policies influencing import-export dynamics.
| # | 23 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 9,617,700,000 | 2023 | +3.13% | +3.3% | View data |
| 2 | 2 Indonesia | 1,795,400,000 | 2023 | +2.75% | +3.97% | View data |
| 3 | 3 India | 1,021,800,000 | 2023 | +1.56% | +0.85% | View data |
| 4 | 4 Japan | 921,790,000 | 2023 | -6.61% | -6.66% | View data |
| 5 | 5 Spain | 543,930,000 | 2023 | -0.67% | -1.43% | View data |
| 21 | 21 Denmark | 25,108,000 | 2023 | -2.47% | -2.22% | View data |
| 22 | 22 New Zealand | 20,773,000 | 2023 | +0.88% | +0.55% | View data |
| 23 | 23 Costa Rica | 5,313,800 | 2023 | -1.46% | -1.54% | |
