The forecast for Canada's import of ski footwear with leather uppers shows a consistent decline from $1.2074 million in 2024 to $1.0648 million in 2028. This signifies a downward trend over the five-year forecast period. The year-on-year percentage change indicates a yearly decrease of approximately 3% to 4%. As of 2023, imports stood at $1.25 million, evidencing a decline has already begun. Over the last five years, the compound annual growth rate (CAGR) highlights a trend of negative growth, averaging out to an annual decline rate of around 3%.
Future trends to watch for include potential shifts in consumer preferences towards synthetic materials and technological advancements in ski gear. Additionally, environmental concerns and economic factors, like tariffs and exchange rates, could further impact the import volume and value in the coming years.
