The market size for Footwear Outer Soles and Heels of Rubber or Plastic in Costa Rica was valued at 3.3006 million USD in 2023. From 2013 to 2023, the market faced fluctuations, with a peak in 2015 and a significant decline in 2020. Over the last five years, the average annual compound growth rate was -2.86%. Notably, year-on-year variation turned positive in 2021 and 2022 but fell again in 2023.
Future trends to watch for:
- Potential recovery driven by increased demand post-pandemic as economic conditions stabilize.
- Innovation in sustainable materials could impact market dynamics positively.
- Consumer preferences shifting towards eco-friendly products might reshape market demand.
| # | 16 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 2,567,600,000 | 2023 | +2.14% | +2.49% | View data |
| 2 | 2 Vietnam | 335,440,000 | 2023 | +1.3% | +1.75% | View data |
| 3 | 3 Japan | 166,100,000 | 2023 | -8.09% | -7.86% | View data |
| 4 | 4 Germany | 161,110,000 | 2023 | -1.43% | -1.59% | View data |
| 5 | 5 France | 100,700,000 | 2023 | -2.86% | -2.68% | View data |
| 14 | 14 Moldova | 8,425,800 | 2023 | -1.02% | -1.81% | View data |
| 15 | 15 Sweden | 5,236,800 | 2023 | -4.61% | -5.01% | View data |
| 16 | 16 Costa Rica | 3,300,600 | 2023 | -2.81% | -2.86% | |
