The import of footwear with outer soles and uppers of leather to Canada is projected to decline over the next five years. Starting from 2024 with a forecasted value of $70.993 million, the imports are expected to diminish annually, reaching $67.045 million by 2028. Looking back at 2023, the precise import value is unknown, but the descending trend indicates a weakening demand or shift towards alternative materials and types in the Canadian market.

Key trends to watch for in the future:

Potential changes in consumer preferences favoring sustainable or alternative materials over traditional leather.
Impact of global trade policies and fluctuations in international leather prices on import dynamics.
The influence of domestic production capabilities and market saturation on overall import demand.