Forecast: Import of Footwear with Outer Soles of Leather, and Uppers Which Consist of Leather Straps Across the Instep and Around the Big Toe to China

The import forecast for footwear with outer soles of leather and uppers consisting of leather straps across the instep and around the big toe to China shows a consistent decline from 2024 to 2028. Starting at 42.27 thousand pairs in 2024, imports are expected to decrease to 30.37 thousand pairs by 2028. Compared to 2023, the imports stood at 45.6 thousand pairs, providing a baseline to understand the descending trend.

Year-on-year percentage variations highlight a reduction of approximately 7.24% annually. Over the five-year period, the compound annual growth rate (CAGR) illustrates a downward trend of about 6.9% each year.

Future trends to watch for include:

• Potential substitution with local production due to domestic industry growth.
• Changes in consumer preferences towards alternative footwear styles or materials.
• China's economic policies and trade agreements impacting import tariffs and costs.