The footwear market in El Salvador for products with upper straps or thongs assembled to the sole by means of plugs has shown slight variations over the years. The per capita value peaked at $1.02 in 2018, before experiencing a gradual decline to $0.95 in 2023. The average compound annual growth rate (CAGR) over the last five years reflects a slight decrease, highlighting market stagnation or maturity. Year-on-year change from 2022 to 2023 shows stability at 0%, indicating a plateau following previous fluctuations.
Looking forward, future trends to watch include potential impacts of economic conditions on disposable incomes, shifts in consumer preferences towards sustainable and eco-friendly products, and innovations in footwear design and materials, which may influence market dynamics and growth opportunities.
How does El Salvador rank in Footwear with Upper Straps or Thongs Assembled to the Sole by Means of Plugs Market Size Value Per Capita?
| # | 15 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 4.82 | 2023 | View data | ||
| 2 | 2 Spain | 3.58 | 2023 | View data | ||
| 3 | 3 Chile | 2.98 | 2023 | View data | ||
| 4 | 4 United Kingdom | 1.69 | 2023 | View data | ||
| 5 | 5 Guatemala | 1.62 | 2023 | View data | ||
| 10 | 10 Peru | 1.07 | 2023 | View data | ||
| 11 | 11 Sweden | 1.05 | 2023 | View data | ||
| 12 | 12 El Salvador | 0.95 | 2023 | |||
| 13 | 13 Slovakia | 0.92 | 2023 | View data | ||
| 14 | 14 Ireland | 0.72 | 2023 | View data | ||
