The Footwear Parts Market Size Value Per Capita in South Africa has experienced a fluctuating but overall declining trend from 2012 to 2022. The value decreased from 1.27% USD per capita in 2012 to 0.92% USD per capita in 2022, indicating a 27.6% decline over this period. Notably, substantial dips occurred in the years 2019, 2020, and 2021 with values of 1.01%, 0.93%, and 0.94% USD per capita respectively, highlighting a steeper decline towards the end of the decade.
- Year-on-year variation shows a continuous decline, with -2.1% from 2020 to 2021 and -2.1% from 2021 to 2022.
- The last five years’ CAGR indicates an average annual decline of approximately 4.1%, reflecting the sustained downward trend in the market value.
Future trends to watch for include potential market recovery post-pandemic, shifts in consumer preferences toward sustainable and eco-friendly materials, and technological advancements in footwear manufacturing. Monitoring macroeconomic conditions and consumer spending behavior will be crucial for predicting market adjustments.
| # | 23 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 19.49 | 2023 | View data | ||
| 2 | 2 Netherlands | 11.83 | 2023 | View data | ||
| 3 | 3 Spain | 11.52 | 2023 | View data | ||
| 4 | 4 Switzerland | 9.27 | 2023 | View data | ||
| 5 | 5 France | 7.84 | 2023 | View data | ||
| 20 | 20 Malaysia | 1.15 | 2023 | View data | ||
| 21 | 21 Costa Rica | 1.02 | 2023 | View data | ||
| 22 | 22 South Africa | 0.87 | 2023 | |||
| 23 | 23 India | 0.74 | 2023 | View data | ||
