In the third quarter of 2024, Russian footwear imports fell by 9.7% year-on-year

In the third quarter of 2024, Russian footwear imports totaled 96.1 million pairs, down 9.7% year on year; The total number of imported shoes in the first nine months was 261.6 million pairs, down 11.2% year-on-year. Imports of boots decreased significantly by 41.6 percent, while shipments of sports shoes increased by 19.9 percent. Experts predict that due to the decline in demand, footwear import purchases are expected to fall by another 10% in 2025.

Although imported shoes accounted for 65.6 percent of the market, sales of domestic shoes grew rapidly. From July to September, the total footwear market in Russia decreased by 2.9%, while domestic shoe production increased by 13.6% year-on-year. According to Ozon, sales of domestic shoes increased 2.2 times between January and September, while sales of imported shoes increased 1.5 times. In sales, the physical share of foreign shoes decreased by 5 percent and the value share decreased by 6 percent. According to the Wildberries report, Russian footwear accounted for 1.2% of sales, while imports accounted for 1.5%.