From 2013 to 2023, the market size value per capita for trunks and cases of leather in El Salvador steadily increased from $9.78 to $12.94. The most significant year-on-year growth occurred in 2021, with a notable rebound to $12.46 after a dip in 2020. Over the last five years, the compound annual growth rate (CAGR) was positive, indicating consistent market expansion.
Key observed trends from 2022 to 2023 include a stable increase with a percentage variation reflecting healthy market conditions. The year 2023 closes with the market value per capita standing at $12.94.
Future trends to watch for include sustainable and ethical sourcing of leather, increasing demand for high-quality personalized goods, and the impact of global economic fluctuations on consumer spending patterns.
| # | 38 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 377.73 | 2023 | View data | ||
| 2 | 2 France | 300.25 | 2023 | View data | ||
| 3 | 3 Singapore | 288.07 | 2023 | View data | ||
| 4 | 4 Australia | 276.86 | 2023 | View data | ||
| 5 | 5 Japan | 244.76 | 2023 | View data | ||
| 28 | 28 Guatemala | 15.29 | 2023 | View data | ||
| 29 | 29 South Africa | 13.6 | 2023 | View data | ||
| 30 | 30 El Salvador | 12.94 | 2023 | |||
| 31 | 31 Jordan | 9.4 | 2023 | View data | ||
| 32 | 32 Botswana | 8.55 | 2023 | View data | ||
