Brazil: Leather Footwear Market 2022

Leather Footwear Market Size in Brazil

The Brazilian leather footwear market was finally on the rise to reach $X in 2017, after five years of decline. In general, consumption, however, showed a deep reduction. The growth pace was the most rapid in 2008 when the market value increased by X% y-o-y. Brazil consumption peaked at $X in 2011; however, from 2012 to 2017, consumption stood at a somewhat lower figure.

Leather Footwear Production in Brazil

In value terms, leather footwear production rose sharply to $X in 2017 estimated in export prices. Overall, production, however, saw a abrupt decrease. The pace of growth appeared the most rapid in 2008 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. from 2009 to 2017, production growth remained at a somewhat lower figure.

Leather Footwear Exports

Exports from Brazil

In 2017, approx. X pairs of leather footwear were exported from Brazil; declining by -X% compared with the previous year. Overall, exports showed a abrupt slump. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, exports hit record highs at X pairs in 2007; however, from 2008 to 2017, exports stood at a somewhat lower figure.

In value terms, leather footwear exports reduced to $X in 2017. In general, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, exports attained the maximum at $X in 2007; however, from 2008 to 2017, exports remained at a lower figure.

Exports by Country

China represented the key exporter of leather footwear in the world, with the volume of exports recording X pairs, which was approx. X% of total exports in 2017. Vietnam (X pairs) held the second position in the ranking, followed by Italy (X pairs), India (X pairs) and Germany (X pairs). All these countries together held near X% share of total exports. Portugal (X pairs), Belgium (X pairs), Hong Kong SAR (X pairs), Spain (X pairs), France (X pairs), the Netherlands (X pairs) and Indonesia (X pairs) followed a long way behind the leaders.

China experienced a relatively flat trend pattern with regard to volume of exports of leather footwear. At the same time, Vietnam (+X%), France (+X%), India (+X%), the Netherlands (+X%) and Portugal (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2017. Spain and Germany experienced a relatively flat trend pattern. By contrast, Italy (-X%), Belgium (-X%), Indonesia (-X%) and Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of Vietnam (+X p.p.) and India (+X p.p.) increased significantly in terms of the global exports from 2007-2017, the share of Indonesia (-X p.p.) and Hong Kong SAR (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest leather footwear supplying countries from Brazil were China ($X), Italy ($X) and Vietnam ($X), with a combined X% share of total exports.

Vietnam saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The leather footwear export price in Brazil stood at $X per pair in 2017, surging by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the export price increased by X% year-to-year. Over the period under review, export prices reached the peak figure at $X per pair in 2011; however, from 2012 to 2017, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per pair), while China ($X per pair) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Leather Footwear Imports

Imports into Brazil

In 2017, after three years of decline, there was significant growth in supplies from abroad of leather footwear, when their volume increased by X% to X pairs. Over the period under review, total imports indicated measured growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2017 figures, imports decreased by -X% against 2013 indices. The pace of growth was the most pronounced in 2008 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum at X pairs in 2013; however, from 2014 to 2017, imports failed to regain the momentum.

In value terms, leather footwear imports rose sharply to $X in 2017. Overall, total imports indicated a measured increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2017 figures, imports decreased by -X% against 2013 indices. The pace of growth was the most pronounced in 2008 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2017, imports stood at a somewhat lower figure.

Imports by Country

In 2017, the United States (X pairs), distantly followed by Germany (X pairs), the UK (X pairs), France (X pairs) and Italy (X pairs) were the key importers of leather footwear, together constituting X% of total imports. Hong Kong SAR (X pairs), the Netherlands (X pairs), Belgium (X pairs), Russia (X pairs), Japan (X pairs), China (X pairs), Spain (X pairs) and Canada (X pairs) occupied a minor share of total imports.

From 2007 to 2017, the biggest increases were in China, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported leather footwear into Brazil, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by France, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in the United States amounted to -X%. In the other countries, the average annual rates were as follows: Germany (+X% per year) and France (+X% per year).

Import Prices by Country

In 2017, the leather footwear import price in Brazil amounted to $X per pair, which is down by -X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the import price increased by X% y-o-y. Brazil import price peaked at $X per pair in 2013; however, from 2014 to 2017, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per pair), while the UK ($X per pair) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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