In 2023, the US imported footwear with outer soles of rubber or plastics and uppers of leather amounting to 98.983 million kilograms. Forecasts suggest a decreasing trend from 88.574 million kilograms in 2024 to 54.371 million kilograms in 2028. Year-on-year variations indicate a persistent decline, with the largest drop occurring from 2026 to 2028. Over the five-year period, the compound annual growth rate (CAGR) computes to a consistent negative trajectory, reflecting a significant contraction in import volume.
Future trends to watch for include factors such as changing consumer preferences towards sustainable and alternative materials, trade policies affecting import-export dynamics, and increased domestic production capabilities influencing the demand for foreign imports.
