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Brazil - Patent Leather, Patent Laminated Leather And Metallised Leather - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

Brazil - Patent Leather, Patent Laminated Leather And Metallised Leather - Market Analysis, Forecast, Size, Trends And Insights

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May 29, 2023

Brazil's Patent Leather Price Slumps to $27.8 per Square Meter

Brazil Patent Leather Export Price in February 2023

In February 2023, the patent leather price stood at $27.8 per square meter (FOB, Brazil), dropping by -11.6% against the previous month. Overall, export price indicated a strong expansion from February 2022 to February 2023: its price increased at an average monthly rate of +5.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2023 figures, patent leather export price decreased by -11.6% against January 2023 indices. The pace of growth appeared the most rapid in March 2022 an increase of 79% month-to-month. Over the period under review, the average export prices hit record highs at $34.2 per square meter in July 2022; however, from August 2022 to February 2023, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In February 2023, the country with the highest price was Hong Kong ($34.3 per square meter), while the average price for exports to the United States ($26.7 per square meter) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+5.5%), while the prices for the other major destinations experienced mixed trend patterns.

COUNTRYExport Price of Patent Leather in Brazil (USD per square meter)
Feb 2022Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023
Hong Kong36.526.131.230.037.636.228.526.739.937.432.9N/A34.3
Vietnam28.240.628.128.220.127.929.830.422.618.230.232.327.5
United States30.8N/A22.733.916313233.722.316.9N/A27.5N/A26.7
Chile11.1N/A12.3N/A13.8N/AN/AN/AN/AN/AN/AN/AN/A
CambodiaN/AN/AN/A33.8N/A32.519.0N/AN/AN/AN/AN/AN/A
ColombiaN/AN/A21.636.8N/A23.8N/AN/AN/A24.426.1N/AN/A
Argentina20.3N/AN/AN/A17.824.517.0N/AN/A17.5N/A19.1N/A
PhilippinesN/AN/AN/A40.4N/A32.421.431.6N/AN/A32.3N/AN/A
Average15.627.921.630.521.934.221.629.830.228.029.931.427.8

Brazil Patent Leather Exports

After two months of growth, overseas shipments of patent leather, patent laminated leather and metallised leather decreased by -50.2% to 4.1K square meters in February 2023. In general, exports showed a pronounced decrease. The most prominent rate of growth was recorded in December 2022 when exports increased by 139% against the previous month. Over the period under review, the exports attained the peak figure at 11K square meters in August 2022; however, from September 2022 to February 2023, the exports failed to regain momentum.

In value terms, patent leather exports shrank sharply to $114K (IndexBox estimates) in February 2023. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when exports increased by 154% against the previous month. The exports peaked at 259K square meters in January 2023, and then declined significantly in the following month.

Brazil Patent Leather Exports by Country

Vietnam (3.7K square meters) was the main destination for patent leather exports from Brazil, with a 91% share of total exports. Moreover, patent leather exports to Vietnam exceeded the volume sent to the second major destination, Hong Kong (163 square meters), more than tenfold.

From February 2022 to February 2023, the average monthly growth rate of volume to Vietnam totaled +44.5%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Hong Kong (-11.6% per month) and the United States (+7.7% per month).

In value terms, Vietnam ($102K) remains the key foreign market for patent leather exports from Brazil, comprising 89% of total exports. The second position in the ranking was taken by Hong Kong ($5.6K), with a 4.9% share of total exports.

From February 2022 to February 2023, the average monthly growth rate of value to Vietnam stood at +44.1%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Hong Kong (-12.1% per month) and the United States (+6.4% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the patent leather market in Brazil. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 15112200 - Patent leather, patent laminated leather and metallised leather

Country coverage:

  • Brazil

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Brazil
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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