Brazil: Leather Footwear Market 2025

Leather Footwear Market Size in Brazil

The Brazilian leather footwear market contracted modestly to $X in 2021, declining by -4.8% against the previous year. In general, consumption recorded a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 4.9%. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Leather Footwear Production in Brazil

In value terms, leather footwear production expanded modestly to $X in 2021 estimated in export price. In general, production continues to indicate a abrupt decrease. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Leather Footwear Exports

Exports from Brazil

In 2021, the amount of leather footwear exported from Brazil surged to X tons, with an increase of 27% against 2020. Overall, exports, however, saw a relatively flat trend pattern. Over the period under review, the exports attained the maximum at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, leather footwear exports surged to $X in 2021. In general, exports, however, recorded a pronounced reduction. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for leather footwear exports from Brazil, with a 44% share of total exports. Moreover, leather footwear exports to the United States exceeded the volume sent to the second major destination, France (X tons), fourfold. Chile (X tons) ranked third in terms of total exports with a 5.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at +5.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+0.9% per year) and Chile (+2.3% per year).

In value terms, the United States ($X) remains the key foreign market for leather footwear exports from Brazil, comprising 50% of total exports. The second position in the ranking was taken by France ($X), with an 11% share of total exports. It was followed by Chile, with a 5.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +1.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-4.0% per year) and Chile (-3.4% per year).

Export Prices by Country

The average leather footwear export price stood at $X per kg in 2021, stabilizing at the previous year. In general, the export price, however, continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2017 when the average export price increased by 9.1%. Over the period under review, the average export prices hit record highs at $X per kg in 2012; however, from 2013 to 2021, the export prices remained at a 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 the United Arab Emirates ($X per kg), while the average price for exports to Paraguay ($X per kg) 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 Arab Emirates (-0.5%), while the prices for the other major destinations experienced a decline.

Leather Footwear Imports

Imports into Brazil

Leather footwear imports into Brazil fell to X tons in 2021, waning by -12.4% against 2020. Over the period under review, imports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2019 with an increase of 29% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, leather footwear imports expanded notably to $X in 2021. In general, imports showed a pronounced decrease. The most prominent rate of growth was recorded in 2013 when imports increased by 32%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Vietnam (X tons) constituted the largest leather footwear supplier to Brazil, with a 52% share of total imports. Moreover, leather footwear imports from Vietnam exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), twofold. China (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual growth rate of volume from Vietnam amounted to -3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (-7.6% per year) and China (-3.9% per year).

In value terms, the largest leather footwear suppliers to Brazil were Vietnam ($X), Italy ($X) and China ($X), with a combined 79% share of total imports.

Italy, with a CAGR of +5.5%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average leather footwear import price stood at $X per kg in 2021, surging by 28% against the previous year. Over the last nine years, it increased at an average annual rate of +3.2%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per kg), while the price for Indonesia ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform