The forecast for the import of sports footwear with uppers of leather to Thailand indicates an upward trend from 2024 to 2028. Starting at 688.27 thousand kilograms in 2024, the volume is projected to increase steadily each year, reaching 764.63 thousand kilograms by 2028. This shows a consistent annual growth rate in the forecasted period, averaging around 2.6% year-on-year.
Considering the data for 2023, the actual import volume stood at approximately 670.78 thousand kilograms. The year-on-year increase from 2023 to 2024 is therefore about 2.6%, aligned with a similar growth trend observed in subsequent years. Over the last two years, the growth rate maintained around 2.6% annually.
Looking ahead, it's essential to monitor future trends such as:
- Shifts in consumer preferences towards eco-friendly materials and sustainable practices in the sports footwear industry.
- Changes in international trade policies that might impact import dynamics.
- Technological advancements in manufacturing that could alter production costs and import volumes.
- Economic factors in Thailand and major exporting countries which could affect purchasing power and import capacities.
These factors could influence the projected import volumes and overall market dynamics for sports footwear with leather uppers in Thailand.
