The import of footwear covering the ankle with soles and uppers of leather to the US is projected to decline steadily from 2024 to 2028. In 2023, the volume was 5.3371 million kilograms. Year-on-year, the volume is expected to drop by approximately 2.39% from 2024 to 2025, followed by a 2.40% decline from 2025 to 2026, continuing with a 2.41% decrease from 2026 to 2027, and a 2.42% reduction from 2027 to 2028. The compound annual growth rate (CAGR) for this five-year period is forecasted to be around -2.40%, indicating a consistent downward trend.

Future trends to watch for include:

Potential shifts in consumer preferences towards synthetic or alternative materials that could further impact leather footwear imports.
Trade policy changes or tariffs which may affect import volumes or source countries.
Sustainability initiatives that might drive innovation and changes in the supply chain.
Economic factors, such as inflation or recession, which could influence consumer spending patterns.