The United States continues to lead as the top footwear importer with a market value of $26.55 billion in 2023, showcasing robust demand. Germany ranks second at $10.66 billion, followed by France and the United Kingdom. Recent trends highlight a slight decline in Germany's imports, while France and Italy experienced moderate boosts. Japan remains consistent in strengthening its position, maintaining steady import levels. Year-on-year analysis shows a 2% growth for the United States, while the Netherlands and Belgium are competing closely. The five-year CAGR suggests a stabilization in import growth rates across these major markets.
Future Trends:
- Sustainable and ethical sourcing practices will gain traction, impacting import dynamics.
- Technological advancements in footwear production may alter traditional import patterns.
- Trade policies, particularly US and EU negotiations, will significantly impact import volumes and values.
Top countries in Top Importers of Footwear
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 United States | 26,550 | 2016 | |
| 2 | 2 Germany | 10,660 | 2016 | |
| 3 | 3 France | 7,400 | 2016 | |
| 4 | 4 United Kingdom | 6,680 | 2016 | |
| 5 | 5 Italy | 6,070 | 2016 | |
| 6 | 6 Japan | 5,410 | 2016 | |
| 7 | 7 Netherlands | 4,080 | 2016 | |
| 8 | 8 Belgium | 4,000 | 2016 | |
| 9 | 9 Hong Kong | 3,560 | 2016 | |
| 10 | 10 Spain | 3,320 | 2016 |
