From 2013 to 2023, Singapore's import of sports footwear with uppers of leather showed a fluctuating trend. The values indicate significant variations year-on-year with notable spikes in 2014 (23.68%) and 2017 (21.82%), and prominent drops in 2018 (-32.43%). Recent data shows a minor increase in 2023 by 0.49% over 2022. The Compound Annual Growth Rate (CAGR) over the last five years (2018-2023) indicates an average annual growth rate of 3.12%.
Future trends to watch for include:
- Consistent slight increases in imports from 2024 to 2028, indicated by a forecast CAGR of 0.4%.
- Greater stability and minor year-on-year growth, reflecting a more stabilized market for sports footwear with leather uppers in Singapore.
