In 2024, the forecasted value for the re-import of footwear outer soles and heels of rubber or plastic to Italy is projected to be 9.25 million USD, decreasing each year to reach 8.5036 million USD by 2028. Compared to 2023, this forecast indicates a declining trend with a compound annual growth rate (CAGR) showcasing an average annual decrease. This suggests a consistent reduction in re-import value over the 5-year forecast period.
Future trends to watch for include:
- Fluctuations in global rubber and plastic pricing impacting costs.
- Italy's domestic production capabilities for footwear components.
- Trade policy changes within the European Union affecting import dynamics.
