In 2023, the re-import of footwear with uppers of rubber or plastics to China stood at an estimated value of $34.5 million. Beginning in 2024, forecasts indicate a gradual year-on-year increase, reflecting a steady appreciation in the import value to $36.184 million by 2028. The average compound annual growth rate (CAGR) over the forecast period from 2024 to 2028 is moderate.
The observed consistent upward trend suggests a growing demand for such imported products or a potential shift in production and supply chain strategies. Key future trends to watch for include changes in global trade policies, shifts in consumer preferences towards sustainable materials, and developments in China's domestic production capabilities.
