The import of footwear outer soles and heels of rubber or plastic to China is forecasted to decline steadily from 2024 to 2028. Based on available forecasts, imports are set at 24.604 million USD in 2024, reducing to 14.564 million USD by 2028. This decline indicates an annual average decrease in imports, likely driven by shifts in local manufacturing capabilities, trade policies, or changes in consumer preferences impacting demand for imported materials.
Future trends to watch for:
- Domestic production capabilities and innovations impacting demand for imports.
- Changes in consumer preferences toward locally produced products.
- Trade policy adjustments and their effect on import dynamics.
- Potential economic factors, such as currency fluctuations affecting import costs.