The market size value per capita for boots covering the ankle with soles and uppers of rubber or plastics in El Salvador has shown a steady decline from 2013 to 2023, reaching $0.94 USD in 2023. Over the last two years, there was a modest decrease from 2021 to 2023, with a -2.1% year-on-year reduction from 2022 to 2023. The five-year compound annual growth rate (CAGR) from 2018 to 2023 reflects a decline of -5.0% annually. This downward trend highlights a potential decrease in consumer demand or increased market saturation.
Future trends to watch for include:
- The impact of economic conditions on consumer spending in the apparel sector.
- Potential recovery post-COVID as purchasing power stabilizes.
- The influence of fashion trends and sustainability concerns on consumer preferences for rubber or plastic boots.
| # | 22 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 25.05 | 2023 | View data | ||
| 2 | 2 Switzerland | 21.75 | 2023 | View data | ||
| 3 | 3 France | 17.48 | 2023 | View data | ||
| 4 | 4 Spain | 15.89 | 2023 | View data | ||
| 5 | 5 Netherlands | 15.13 | 2023 | View data | ||
| 20 | 20 South Africa | 2.54 | 2023 | View data | ||
| 21 | 21 Malta | 2.33 | 2023 | View data | ||
| 22 | 22 El Salvador | 0.94 | 2023 | |||