The market size value per capita for footwear with uppers of leather in Latvia has demonstrated fluctuations from 2013 to 2023. Notable variations include a dip in 2015 and subsequent recovery with variable growth rates. The 2023 value stands at $83.5, reflecting stability compared to 2022, with a marginal increase. The year-on-year growth between 2022 and 2023 is minimal, suggesting a plateau. The five-year CAGR indicates relatively steady growth, reflecting resilience amidst economic variables.
Future trends to watch for include:
- Sustainability in leather production influencing consumer preferences.
- Digitalization in consumer retail experience impacting market dynamics.
- Economic conditions influencing discretionary spending on luxury items like leather footwear.
| # | 40 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 262.54 | 2023 | View data | ||
| 2 | 2 Netherlands | 248.1 | 2023 | View data | ||
| 3 | 3 France | 231.93 | 2023 | View data | ||
| 4 | 4 Denmark | 220.88 | 2023 | View data | ||
| 5 | 5 Germany | 200.69 | 2023 | View data | ||
| 16 | 16 Slovenia | 90.61 | 2023 | View data | ||
| 17 | 17 Croatia | 86.99 | 2023 | View data | ||
| 18 | 18 Latvia | 83.5 | 2023 | |||
| 19 | 19 Greece | 74.24 | 2023 | View data | ||
| 20 | 20 Ireland | 69.52 | 2023 | View data | ||
