The import of footwear with outer soles of rubber or plastics and uppers of leather to Canada is on a gradual decline from 2024 to 2028, starting at 470.89 million USD in 2024 and decreasing to 465.52 million USD by 2028. This trend indicates a continuous slight reduction in value over these years. In 2023, the actual figures were higher than the forecasted 2024 values. The year-on-year variation showcases a gradual decrease across the years, signifying a decline in demand or possible shifts in consumer preferences.
Key future trends to monitor include changes in consumer lifestyle towards sustainability, which could further impact the demand for leather footwear in favor of more sustainable options. Additionally, shifts in trade policies or economic conditions could also influence these import patterns.
