From 2013 to 2023, the market size for boots covering the ankle with soles and uppers of rubber or plastics in El Salvador exhibited a declining trend overall, peaking in 2013 and steadily decreasing until 2023, where it stood at 6.15 million USD. Over the last two years (2022-2023), the market experienced slight fluctuations, with a 3.03% decrease in 2023. The CAGR from 2019 to 2023 was -4.04%, highlighting a consistent decline over the last five years.
Key Future Trends to Watch:
- Potential market recovery as global economic conditions improve post-pandemic, possibly increasing demand.
- The advent of sustainable and eco-friendly material innovations could drive the market upward.
- Changes in consumer behavior toward online shopping and fashion trends may influence market dynamics.
| # | 22 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,184,900,000 | 2023 | -0.015% | -0.21% | View data |
| 2 | 2 United Kingdom | 859,000,000 | 2023 | -0.12% | +0.85% | View data |
| 3 | 3 Spain | 712,810,000 | 2023 | -1.64% | +2.55% | View data |
| 4 | 4 Canada | 468,890,000 | 2023 | +0.8% | +1.48% | View data |
| 5 | 5 Netherlands | 265,740,000 | 2023 | -1.63% | -0.83% | View data |
| 18 | 18 Latvia | 17,074,000 | 2023 | +2.74% | +3.59% | View data |
| 19 | 19 Costa Rica | 13,643,000 | 2023 | -2.78% | -3.74% | View data |
| 20 | 20 El Salvador | 6,151,300 | 2023 | -3.03% | -4.04% | |
| 21 | 21 Luxembourg | 4,764,900 | 2023 | -0.86% | -2.25% | View data |
| 22 | 22 Malta | 1,187,800 | 2023 | +0.045% | -0.33% | View data |