From 2013 to 2023, Hungary’s per capita market size for footwear with outer soles of rubber or plastics and uppers of leather rose from $12.38 to $19.75. The year-on-year growth rate for 2022 was approximately 3.17%, and for 2023 it was 3.03%. Over the past five years, the compound annual growth rate (CAGR) was around 2.87%, indicating a steady upward trend albeit with minor fluctuations, particularly a decline in 2020.
Future trends to watch include increasing consumer preference for sustainable and eco-friendly products, potential impacts from economic fluctuations, and shifts in fashion trends which could influence demand patterns in this market.
How does Hungary rank in Footwear with Outer Sole of Rubber or Plastics and Uppers of Leather Market Size Value Per Capita?
| # | 36 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 129.87 | 2023 | View data | ||
| 2 | 2 Austria | 121.48 | 2023 | View data | ||
| 3 | 3 Germany | 119.4 | 2023 | View data | ||
| 4 | 4 France | 118.73 | 2023 | View data | ||
| 5 | 5 Netherlands | 113.94 | 2023 | View data | ||
| 20 | 20 Finland | 26.47 | 2023 | View data | ||
| 21 | 21 Uruguay | 23.3 | 2023 | View data | ||
| 22 | 22 Hungary | 19.75 | 2023 | |||
| 23 | 23 China | 14.23 | 2023 | View data | ||
| 24 | 24 Costa Rica | 9.56 | 2023 | View data | ||
