In 2023, the import of footwear with leather uppers to Italy stood at an actual figure, forming the baseline for the forecasted values from 2024 onward. In 2024, imports are expected to reach 3.2081 billion USD, increasing modestly to 3.3362 billion USD by 2028. This steady growth reflects a compound annual growth rate (CAGR) over the five-year period. The forecast suggests an incremental year-on-year growth, maintaining a consistent upward trend, indicative of a stable increase in demand or valuation adjustments.
Future trends to watch for include:
- The impact of emerging market trends and consumer preferences on import volumes and values.
- Economic factors such as tariffs, trade agreements, and the euro-dollar exchange rate.
- Technological advancements in leather processing and footwear manufacturing.
- Sustainability initiatives and their influence on supply chain and production practices.