The global exports of sports footwear by Turkey have seen a projected increase from 42.11 million Euros in 2024 to 45.14 million Euros by 2028. This forecast indicates a consistent upward trend in the coming years.
The annual year-on-year growth rate is as follows:
- 2024 to 2025: 1.83%
- 2025 to 2026: 1.77%
- 2026 to 2027: 1.72%
- 2027 to 2028: 1.69%
The compound annual growth rate (CAGR) for the period from 2024 to 2028 is approximately 1.75% per year, demonstrating steady growth over this five-year period.
Future trends to watch for include potential shifts in global demand due to evolving consumer preferences, advancements in sports footwear technology, and fluctuations in international trade policies which could all impact Turkey’s export performance. Monitoring these factors will be crucial for understanding the broader market dynamics.