The import of footwear with uppers of textile materials into Turkey has shown notable fluctuations over the years. As of 2023, the import value stood at 315.99 million USD. From 2013 to 2023, the market experienced varied growth rates with highs and occasional declines. In recent years, from 2022 to 2023, the year-on-year increase was 3.03%, while the five-year CAGR leading up to 2023 was 3.76%. Looking ahead, from 2024 to 2028, the forecast suggests a steady annual growth rate of approximately 2.25%, amounting to an 11.75% cumulative increase over the next five years.
Future trends to watch for:
- Potential shifts in consumer preferences toward sustainably sourced materials.
- Impact of economic policies and trade agreements on import dynamics.
- The influence of technological advancements in footwear manufacturing and textile materials on import volumes and values.
