The Moldovan market for footwear outer soles and heels of rubber or plastic has experienced fluctuations over the past decade, with a peak value in 2014 followed by a general decline. The market stood at 8.4258 million USD in 2023, showcasing a decrease from 2022. While 2020 marked a substantial downturn, recovery attempts in 2021 and 2022 were observed. The five-year CAGR from 2018 to 2023 reflects a decline, highlighting persistent market challenges.
Future trends to watch for:
- Potential market stabilization or growth driven by technological advancements in footwear manufacturing.
- Shifts in consumer preferences towards sustainable and eco-friendly products.
- Economic policies impacting manufacturing costs and consumer spending in Moldova.
| # | 16 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 2,567,600,000 | 2023 | +2.14% | +2.49% | View data |
| 2 | 2 Vietnam | 335,440,000 | 2023 | +1.3% | +1.75% | View data |
| 3 | 3 Japan | 166,100,000 | 2023 | -8.09% | -7.86% | View data |
| 4 | 4 Germany | 161,110,000 | 2023 | -1.43% | -1.59% | View data |
| 5 | 5 France | 100,700,000 | 2023 | -2.86% | -2.68% | View data |
| 12 | 12 Greece | 10,227,000 | 2023 | -1.96% | -2.63% | View data |
| 13 | 13 Poland | 9,177,400 | 2023 | -10.59% | -9.1% | View data |
| 14 | 14 Moldova | 8,425,800 | 2023 | -1.02% | -1.81% | |
| 15 | 15 Sweden | 5,236,800 | 2023 | -4.61% | -5.01% | View data |
| 16 | 16 Costa Rica | 3,300,600 | 2023 | -2.81% | -2.86% | View data |
