The Leather Sports Gloves and Mittens market in El Salvador experienced modest fluctuations between 2013 and 2023, with a peak in 2014 at $356.9K and a trough in 2020 at $322.29K. From 2021 to 2023, the market showed signs of recovery, achieving a value of $348.85K in 2023. The year-on-year growth rate was highest in 2014 at 16.9%, while from 2018 to 2020, it saw consecutive declines. The compound annual growth rate (CAGR) over the last five years indicates an average annual growth of 0.36%, signaling a stabilizing market after fluctuating trends.
Future trends to watch include:
- The impact of increasing sports participation in El Salvador.
- Innovations in glove materials and manufacturing processes that could influence market dynamics.
- Potential economic shifts and their impact on consumer spending power.
- Growth in environmental sustainability trends potentially affecting leather product demand.
| # | 19 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 180,570,000 | 2023 | -2.9% | -3.13% | View data |
| 2 | 2 China | 177,460,000 | 2023 | +0.3% | +0.026% | View data |
| 3 | 3 South Korea | 100,430,000 | 2023 | +1.73% | +0.87% | View data |
| 4 | 4 Italy | 88,475,000 | 2023 | +2.11% | -0.075% | View data |
| 5 | 5 Canada | 74,889,000 | 2023 | +0.047% | -0.74% | View data |
| 16 | 16 Finland | 4,083,600 | 2023 | -1.26% | -2.63% | View data |
| 17 | 17 Peru | 2,825,600 | 2023 | +1.78% | +0.014% | View data |
| 18 | 18 El Salvador | 348,850 | 2023 | +0.91% | +0.36% | |
| 19 | 19 Luxembourg | 322,370 | 2023 | +0.79% | +1.18% | View data |
