The Footwear with Uppers of Leather market in Zambia has shown fluctuations from 2013 to 2023. In 2023, the per capita value stood at USD 1.20, maintaining the same level as in 2021 and 2022 after a significant decline from 2016 when it peaked at USD 1.46. Notably, the highest year-on-year percentage decrease occurred in 2020, with a reduction to USD 1. The compound annual growth rate (CAGR) over the last five years is negative, indicating a declining trend in market value per capita.
Future trends to watch include:
- Potential economic recovery and increased consumer spending in leather footwear.
- Impact of global fashion trends and sustainable practices on local demand.
- Currency fluctuations and their influence on imports and pricing strategies.
| # | 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 | ||
| 37 | 37 Pakistan | 1.96 | 2023 | View data | ||
| 38 | 38 Jordan | 1.61 | 2023 | View data | ||
| 39 | 39 Zambia | 1.2 | 2023 | |||
| 40 | 40 Madagascar | 0.3 | 2023 | View data | ||
