Forecast: Import of Sports Footwear with Uppers of Leather to Viet Nam

The data indicates a positive and consistent upward trend in the import of sports footwear with uppers of leather to Vietnam from 2024 to 2028, starting at 1.7337 million USD in 2024 and reaching 1.8768 million USD by 2028. Comparing to the actual level in 2023, this shows a projected steady increase each year with average year-on-year growth percentage rising considerably over this five-year span.

Year-on-year variation analysis demonstrates incremental growth:

  • Between 2024 and 2025: 2.13%
  • Between 2025 and 2026: 2.04%
  • Between 2026 and 2027: 1.96%
  • Between 2027 and 2028: 1.88%
The Compound Annual Growth Rate (CAGR) over these years stands at an approximate 2% per annum.

Future trends to watch for include shifts in consumer preferences towards sustainable and environmentally friendly products, potential trade agreements affecting import tariffs, and the economic growth rates in Vietnam which may influence purchasing power and demand for imported sports footwear with leather uppers.

Top Countries about Footwear