The market size for footwear with outer soles of rubber or plastics and uppers of leather in Uruguay demonstrated varied growth from 2013 through 2023, peaking at 84.851 million USD in 2017 and experiencing a notable decline in 2020 at 66.846 million USD. It stabilized in 2021 and recorded a slight year-on-year growth of 0.24% in 2023, reaching approximately 81.14 million USD. Over the past five years, the compound annual growth rate (CAGR) remained relatively stable at 0.2%, indicating marginal overall growth.
Future trends to watch for include:
- Potential impacts of global economic fluctuations on consumer spending.
- Shifts towards sustainable practices and materials in footwear production.
- The influence of international trade policies on import and export dynamics.
- Fluctuations in demand driven by changing fashion trends and preferences in Uruguay.
| # | 36 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 21,467,000,000 | 2023 | +3.71% | +2.39% | View data |
| 2 | 2 Germany | 9,742,700,000 | 2023 | +0.57% | +0.33% | View data |
| 3 | 3 France | 8,048,300,000 | 2023 | +0.61% | +1.05% | View data |
| 4 | 4 Italy | 7,793,000,000 | 2023 | -1.26% | -1.25% | View data |
| 5 | 5 United Kingdom | 5,601,600,000 | 2023 | -1.85% | -1.11% | View data |
| 24 | 24 Ukraine | 154,240,000 | 2023 | -3.87% | +0.36% | View data |
| 25 | 25 Finland | 147,900,000 | 2023 | -3.7% | -5.01% | View data |
| 26 | 26 Uruguay | 81,140,000 | 2023 | +0.24% | +0.2% | |
| 27 | 27 Guatemala | 78,442,000 | 2023 | +1.29% | +0.77% | View data |
| 28 | 28 Estonia | 67,739,000 | 2023 | +3.05% | +2.38% | View data |
