Brazil: Market for Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap 2024

Market Size for Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap in Brazil

The Brazilian market for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap shrank to $X in 2021, reducing by -12.5% against the previous year. In general, consumption recorded a pronounced downturn. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Production of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap in Brazil

In value terms, production of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap amounted to $X in 2021 estimated in export price. In general, production showed a noticeable decline. The growth pace was the most rapid in 2013 when the production volume increased by 22%. As a result, production reached the peak level of $X. From 2014 to 2021, production of growth remained at a lower figure.

Exports of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap

Exports from Brazil

In 2021, the amount of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap exported from Brazil surged to X tons, growing by 28% compared with the previous year's figure. Over the period under review, exports recorded a relatively flat trend pattern. Over the period under review, the exports of attained the maximum at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap skyrocketed to $X in 2021. Overall, exports, however, showed a pronounced slump. Over the period under review, the exports of reached the peak figure at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Colombia (X tons), Paraguay (X tons) and the United States (X tons) were the main destinations of exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap from Brazil, with a combined 27% share of total exports. Argentina, France, Peru, Belgium, Bolivia, Angola, Australia, Israel, Ecuador and Mexico lagged somewhat behind, together accounting for a further 44%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +58.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap exported from Brazil were the United States ($X), Argentina ($X) and Colombia ($X), with a combined 29% share of total exports. Paraguay, Peru, France, Bolivia, Ecuador, Angola, Australia, Mexico, Israel and Belgium lagged somewhat behind, together accounting for a further 38%.

Among the main countries of destination, Belgium, with a CAGR of +53.0%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap stood at $X per ton in 2021, picking up by 2.3% against the previous year. In general, the export price, however, saw a pronounced reduction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 11% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Ecuador ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap

Imports into Brazil

In 2021, approx. X tons of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap were imported into Brazil; approximately reflecting the year before. In general, imports saw a deep downturn. The most prominent rate of growth was recorded in 2013 with an increase of 39%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports of failed to regain momentum.

In value terms, imports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap rose slightly to $X in 2021. Over the period under review, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2013 when imports increased by 55% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2021, Vietnam (X tons) constituted the largest supplier of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap to Brazil, accounting for a 46% share of total imports. Moreover, imports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap from Vietnam exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), fourfold. China (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Vietnam totaled -7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (-7.6% per year) and China (-10.7% per year).

In value terms, Vietnam ($X) constituted the largest supplier of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap to Brazil, comprising 49% of total imports. The second position in the ranking was held by Indonesia ($X), with a 15% share of total imports. It was followed by China, with a 10% share.

From 2012 to 2021, the average annual growth rate of value from Vietnam amounted to -7.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (-7.6% per year) and China (-8.4% per year).

Import Prices by Country

In 2021, the average import price for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap amounted to $X per ton, surging by 4.4% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average import price increased by 12%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+2.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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