The market size value per capita for footwear with rubber or plastic outer soles and leather uppers in El Salvador showed fluctuations from 2013 to 2023. In 2023, it stood at $5.35 per capita, reflecting a minor decline compared to previous years. Specifically, recent data from 2022 to 2023 show a decrease of approximately 1.11%, and from 2021 to 2022, a 0.92% decline. The compound annual growth rate (CAGR) over the last five years was around -0.54%, indicating a gradual decrease in per capita value for this type of footwear.
Future trends to watch for include:
- An increased focus on sustainable materials which may affect leather demand.
- Economic factors that might influence consumer spending capabilities in El Salvador.
- Potential shifts in consumer preferences towards more casual or sports-oriented footwear.
How does El Salvador rank in Footwear with Outer Sole of Rubber or Plastics and Uppers of Leather Market Size Value Per Capita?
| # | 36 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 129.87 | 2023 | View data | ||
| 2 | 2 Austria | 121.48 | 2023 | View data | ||
| 3 | 3 Germany | 119.4 | 2023 | View data | ||
| 4 | 4 France | 118.73 | 2023 | View data | ||
| 5 | 5 Netherlands | 113.94 | 2023 | View data | ||
| 25 | 25 South Africa | 7.85 | 2023 | View data | ||
| 26 | 26 Armenia | 5.97 | 2023 | View data | ||
| 27 | 27 El Salvador | 5.35 | 2023 | |||
| 28 | 28 Mexico | 5.11 | 2023 | View data | ||
| 29 | 29 Guatemala | 4.6 | 2023 | View data | ||
