The market for footwear with uppers of leather in El Salvador saw fluctuations from 2013 to 2023, recording a per capita value of $9.47 in 2023. The year-on-year variation shows a slight decline from 2022 and fluctuating growth in the recent years. Notably, a declining trend was observed from 2015 to 2020, with modest recoveries post-2020. The five-year compound annual growth rate (CAGR) remains negative, indicating an overall decline in the market's value during this period.
Future trends to watch include consumer shifts towards sustainable materials and digital retail transformations, which may impact consumer spending on leather footwear. Economic factors and evolving fashion trends will also play critical roles in shaping market dynamics.
| # | 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 | ||
| 28 | 28 South Africa | 13.92 | 2023 | View data | ||
| 29 | 29 Guatemala | 13.46 | 2023 | View data | ||
| 30 | 30 El Salvador | 9.47 | 2023 | |||
| 31 | 31 Armenia | 9.4 | 2023 | View data | ||
| 32 | 32 Mexico | 5.8 | 2023 | View data | ||
