Market movement
In 2024, footwear: with uppers of textile materials, n.e.c. in chapter 64 trade exhibited modest growth, with global flows reaching $1,136,563,825 and a three-year compound annual growth rate of -4.0% (five-year: -1.2%). The all-time peak of $2,045,381,909 was recorded in 2011; the current level is 44% below that high-water mark.
Over the 30-year observation window (1995–2024), 69% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is decelerating (-3.2% acceleration).
The World Trade Flows Characterization classifies footwear: with uppers of textile materials, n.e.c. in chapter 64 as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.
