In 2023, the import of footwear with uppers of leather to China was valued at $2.17 billion. The forecast from 2024 to 2028 shows a steady increase, with an expected growth reaching $2.60 billion by 2028. The year-on-year variation indicates that imports will grow at an average annual rate of approximately 3% to 4%. This consistent upward trend suggests a healthy demand and a stable market for leather footwear imports within China.
Future trends to watch include:
- Potential shifts in consumer preferences towards sustainable and ethically-produced leather goods.
- The impact of domestic economic policies and trade agreements on import volumes.
- Technological advancements in leather production and their effect on global supply chains.