The Footwear with Uppers of Leather market size in Montenegro showed a fluctuating trend from 2013 to 2023, with a value of $68.03 USD per capita in 2023. After peaking in 2014 at $108.07 USD, the market experienced a decline, dropping significantly by 2020, then slightly recovering until 2023. Notably, the market contracted by approximately 2.1% from 2022 to 2023.
Over the last five years, the market demonstrated an average annual CAGR decline of -0.9% reflecting ongoing challenges and shifts. As we look to the future, important trends to monitor include:
- Shift towards sustainable and ethically produced leather footwear
- Impact of digital transformation and e-commerce in retail distribution
- Increasing consumer preferences for casual and comfort-oriented footwear
How does Montenegro rank in Footwear with Uppers of Leather Market Size Value Per Capita?
| # | 40 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 262.54 | 2023 | View data | ||
| 2 | 2 Netherlands | 248.1 | 2023 | View data | ||
| 3 | 3 France | 231.93 | 2023 | View data | ||
| 4 | 4 Denmark | 220.88 | 2023 | View data | ||
| 5 | 5 Germany | 200.69 | 2023 | View data | ||
| 19 | 19 Greece | 74.24 | 2023 | View data | ||
| 20 | 20 Ireland | 69.52 | 2023 | View data | ||
| 21 | 21 Montenegro | 68.03 | 2023 | |||
| 22 | 22 Finland | 64.9 | 2023 | View data | ||
| 23 | 23 Hungary | 55.73 | 2023 | View data | ||
