Between 2013 and 2023, Montenegro's market for footwear with outer soles of rubber or plastics and uppers of leather showed fluctuations. Starting at $48 per capita in 2013, the market dipped to a low of $36.81 in 2020 before rebounding to $44.57 by 2023. Over the last two years, there's been a slight positive trend in value with year-on-year increases. The compound annual growth rate (CAGR) over the past five years highlights stability with minimal decline or growth.
Future trends to watch for:
- Assessing changes in consumer preferences towards sustainable and eco-friendly materials.
- Monitoring potential shifts due to economic changes or inflation that could impact disposable income.
- Observing the impact of technological advances in footwear manufacturing on market value.
| # | 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 | ||
| 13 | 13 Croatia | 50.58 | 2023 | View data | ||
| 14 | 14 Chile | 46.45 | 2023 | View data | ||
| 15 | 15 Montenegro | 44.57 | 2023 | |||
| 16 | 16 Iceland | 44.36 | 2023 | View data | ||
| 17 | 17 Greece | 43.48 | 2023 | View data | ||
