The Footwear with Outer Soles and Uppers of Rubber or Plastics market in Ecuador showed diverse trends from 2013 to 2023. Starting at $156.57 million in 2013, it faced slight declines until 2016 but rebounded notably in 2017. There was steady growth from 2018 onwards, except for a dip in 2020. The market reached $211.07 million in 2023. The year-on-year growth for 2022 was 7.49%, decreasing to 2.03% in 2023. The compound annual growth rate (CAGR) over the five years to 2023 averaged at 1.8%, reflecting moderate growth.
Future trends to watch for include:
- Potential impacts of innovative materials and technology on product demand.
- Regulatory changes and sustainability trends influencing market dynamics.
- Influence of economic factors and consumer spending on market growth.
| # | 39 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 5,181,600,000 | 2023 | -3.68% | -2.85% | View data |
| 2 | 2 Germany | 4,872,500,000 | 2023 | +2.21% | +1.5% | View data |
| 3 | 3 France | 4,282,900,000 | 2023 | +1.36% | +1.03% | View data |
| 4 | 4 United Kingdom | 3,283,400,000 | 2023 | -0.29% | +0.39% | View data |
| 5 | 5 Italy | 3,094,400,000 | 2023 | +1.71% | +1.71% | View data |
| 20 | 20 Colombia | 354,840,000 | 2023 | -2.2% | -4.69% | View data |
| 21 | 21 Belgium | 343,460,000 | 2023 | +1.41% | -0.16% | View data |
| 22 | 22 Ecuador | 211,070,000 | 2023 | +2.03% | +1.8% | |
| 23 | 23 Denmark | 197,920,000 | 2023 | +1.12% | +2.03% | View data |
| 24 | 24 Slovakia | 161,690,000 | 2023 | -8.7% | -7.69% | View data |
