The Costa Rica market for boots covering the ankle with soles and uppers of rubber or plastics saw a general decline in value from 2013 to 2023, peaking at $19.485 million in 2013 and dropping to $13.643 million in 2023. The market's value experienced a significant decrease, especially evident from 2018 to 2020, before a slight rebound in 2021. The compound annual growth rate (CAGR) over the last five years stood at -3.74%, indicating a continuing overall downward trend despite some yearly recoveries.
Future trends to watch for include:
- Growing environmental consciousness could drive demand for eco-friendly materials.
- Fashion trends might shift towards more rugged and durable footwear, impacting demand.
- Increased consumer spending capacity could alter the market dynamics favorably if disposable income rises.
- Potential import impacts and domestic production changes due to international trade agreements or supply chain shifts.
| # | 22 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,184,900,000 | 2023 | -0.015% | -0.21% | View data |
| 2 | 2 United Kingdom | 859,000,000 | 2023 | -0.12% | +0.85% | View data |
| 3 | 3 Spain | 712,810,000 | 2023 | -1.64% | +2.55% | View data |
| 4 | 4 Canada | 468,890,000 | 2023 | +0.8% | +1.48% | View data |
| 5 | 5 Netherlands | 265,740,000 | 2023 | -1.63% | -0.83% | View data |
| 17 | 17 Slovenia | 25,114,000 | 2023 | +0.86% | -1.1% | View data |
| 18 | 18 Latvia | 17,074,000 | 2023 | +2.74% | +3.59% | View data |
| 19 | 19 Costa Rica | 13,643,000 | 2023 | -2.78% | -3.74% | |
| 20 | 20 El Salvador | 6,151,300 | 2023 | -3.03% | -4.04% | View data |
| 21 | 21 Luxembourg | 4,764,900 | 2023 | -0.86% | -2.25% | View data |
