Thailand's import of footwear with uppers of leather is forecasted to grow steadily from 2024 to 2028. The values stand at 139.55 million USD in 2024, increasing each year to 156.48 million USD by 2028. Notably, the value in 2023 was 134.31 million USD. The year-on-year growth rates are approximately 3.12% from 2024 to 2025, 2.97% from 2025 to 2026, 2.83% from 2026 to 2027, and 2.70% from 2027 to 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is about 2.90%.
Future trends to watch include possible impacts of international trade agreements, shifts in consumer preferences toward sustainable fashion, and economic factors influencing disposable income levels. Monitoring changes in global leather prices and advancements in footwear technology could also provide insights into import dynamics.
