The market size value for Footwear with Outer Sole of Rubber or Plastics and Uppers of Leather in Costa Rica has shown a declining trend over the years. In 2023, the market stood at 50.138 million US dollars. Across the last two years, there has been a consistent decline with a year-on-year decrease of 2.9% in 2022 and 2.93% in 2023. Over the past five years, the compound annual growth rate (CAGR) has been -3.16%, indicating a gradual reduction in market size.
Future trends to watch for include:
- Potential shifts in consumer preferences towards sustainable and eco-friendly materials in footwear.
- The impact of technological advancements in manufacturing and materials.
- Government policies affecting imports and local production.
- Evolving economic conditions and purchasing power in Costa Rica.
| # | 36 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 21,467,000,000 | 2023 | +3.71% | +2.39% | View data |
| 2 | 2 Germany | 9,742,700,000 | 2023 | +0.57% | +0.33% | View data |
| 3 | 3 France | 8,048,300,000 | 2023 | +0.61% | +1.05% | View data |
| 4 | 4 Italy | 7,793,000,000 | 2023 | -1.26% | -1.25% | View data |
| 5 | 5 United Kingdom | 5,601,600,000 | 2023 | -1.85% | -1.11% | View data |
| 28 | 28 Estonia | 67,739,000 | 2023 | +3.05% | +2.38% | View data |
| 29 | 29 Morocco | 54,434,000 | 2023 | -3.26% | -2.19% | View data |
| 30 | 30 Costa Rica | 50,138,000 | 2023 | -2.93% | -3.16% | |
| 31 | 31 El Salvador | 34,954,000 | 2023 | -0.7% | +0.46% | View data |
| 32 | 32 Montenegro | 27,760,000 | 2023 | +0.19% | -0.82% | View data |
