In 2023, the European sold production of footwear with leather uppers exhibited notable variations across countries. Italy led with €5.6543 billion, growing by 5.19% year-on-year. In contrast, Spain and Portugal, at €1.5746 billion and €1.4487 billion respectively, saw declines of 1.81% and 3.2%. Germany showed positive growth with a 3.5% increase. Austria experienced a significant surge of 91.81%, while the United Kingdom and France both saw declines, with France falling by 6.98%. Smaller markets such as Bulgaria and Estonia showed modest growths of 0.15% and 3.54% respectively, whereas Finland and Macedonia saw significant declines.
Future trends to watch for include potential growth in Austria and Italy, driven by their strong performance in the previous years. Attention should also be given to countries experiencing declines like France, Spain, and Portugal for potential recovery efforts. Market dynamics in emerging smaller markets may also provide opportunities for expansion and investment.
Top countries in Sold Production of Footwear with Leather Uppers by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 5,654,300,000 | 2023 | +6.62% | +5.19% | View data |
| 2 | 2 Spain | 1,574,600,000 | 2023 | +5.04% | -1.81% | View data |
| 3 | 3 Portugal | 1,448,700,000 | 2023 | -2.86% | -3.2% | View data |
| 4 | 4 Germany | 636,630,000 | 2023 | +16.87% | +3.5% | View data |
| 5 | 5 Romania | 516,360,000 | 2023 | -1.36% | -1.13% | View data |
| 6 | 6 Slovakia | 256,400,000 | 2023 | +1.82% | +0.88% | View data |
| 7 | 7 Poland | 240,830,000 | 2023 | -0.26% | -0.13% | View data |
| 8 | 8 Austria | 218,900,000 | 2023 | +2.43% | +91.81% | View data |
| 9 | 9 United Kingdom | 206,280,000 | 2023 | -2.7% | -2.65% | View data |
| 10 | 10 Serbia | 148,470,000 | 2023 | +4.71% | +4.21% | View data |
