In 2023, the import of footwear outer soles and heels of rubber or plastic to Japan was positioned at approximately 35 million US dollars. Forecasts from 2024 to 2028 indicate a steady decline in import values, with a decrease from 33.866 million in 2024 to 27.343 million in 2028. The year-on-year decline trends suggest an average contraction of commodity import value, with a compound annual growth rate (CAGR) illustrating an average negative growth over the 5-year period.
Future trends to watch include:
- The impact of domestic production advancements in Japan on import demand.
- Shifts in consumer preferences towards sustainable or alternative materials.
- Potential economic fluctuations affecting import strategies.
