Between 2013 and 2023, South Africa's per capita market value for footwear with uppers of textile materials fluctuated with minor variations. The market saw a peak in 2015 at $24.01, followed by a decline, hitting the lowest point in 2020 at $18.44 amidst the global pandemic impact. By 2023, the value stood at $22.06. The five-year CAGR from 2018 to 2023 reveals modest declines, suggesting a recovering trend post-2020 slump. Year-on-year changes from 2022 to 2023 display a slight decrease of 0.23%, indicating stabilization following pandemic recovery.
Looking forward, trends to watch in South Africa's textile footwear market include consumer shifts towards sustainable materials and increased digital retail engagement, potentially influencing market growth and stability. Monitoring these aspects will be vital for anticipating future market dynamics.
How does South Africa rank in Footwear with Uppers of Textile Materials Market Size Value Per Capita?
| # | 28 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 219.58 | 2023 | View data | ||
| 2 | 2 Norway | 181.74 | 2023 | View data | ||
| 3 | 3 Netherlands | 179.86 | 2023 | View data | ||
| 4 | 4 France | 179.38 | 2023 | View data | ||
| 5 | 5 Germany | 172.93 | 2023 | View data | ||
| 23 | 23 Lithuania | 44.96 | 2023 | View data | ||
| 24 | 24 Montenegro | 41.37 | 2023 | View data | ||
| 25 | 25 South Africa | 22.06 | 2023 | |||
| 26 | 26 El Salvador | 14.65 | 2023 | View data | ||
| 27 | 27 Albania | 4.84 | 2023 | View data | ||
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