The per capita value of trunks and cases of leather in Uganda has shown a steady increase from 2013 to 2023. The market has seen a few fluctuations, particularly in 2018 and 2020, where values dipped slightly, before recovering. By 2023, the value has reached $1.63 per capita. The year-on-year variation from 2022 to 2023 showed a modest increase of approximately 1.24%. Meanwhile, the CAGR from 2018 to 2023 is around 1.95%, indicating a positive growth trend over the five-year period.
Looking forward, potential areas to watch include:
- Continued recovery and growth post-pandemic impacts, as consumer behavior shifts.
- Rising demand for high-quality and sustainable leather products, driven by increasing consumer awareness.
- Potential challenges from global economic fluctuations affecting disposable income and spending patterns.
| # | 38 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 377.73 | 2023 | View data | ||
| 2 | 2 France | 300.25 | 2023 | View data | ||
| 3 | 3 Singapore | 288.07 | 2023 | View data | ||
| 4 | 4 Australia | 276.86 | 2023 | View data | ||
| 5 | 5 Japan | 244.76 | 2023 | View data | ||
| 35 | 35 Honduras | 6.46 | 2023 | View data | ||
| 36 | 36 India | 4.09 | 2023 | View data | ||
| 37 | 37 Uganda | 1.63 | 2023 | |||
| 38 | 38 Senegal | 1.6 | 2023 | View data | ||
