MERCOSUR: Market for Chamois Leather and Combination Chamois Leather 2024

Market Size for Chamois Leather and Combination Chamois Leather in MERCOSUR

The MERCOSUR market for chamois leather and combination chamois leather declined modestly to $X in 2022, reducing by -3.6% against the previous year. Overall, consumption continues to indicate a noticeable shrinkage. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Production of Chamois Leather and Combination Chamois Leather in MERCOSUR

In value terms, production of chamois leather and combination chamois leather shrank to $X in 2022 estimated in export price. In general, production recorded a noticeable descent. The most prominent rate of growth was recorded in 2014 when the production volume increased by 36%. As a result, production reached the peak level of $X. From 2015 to 2022, production of growth remained at a lower figure.

Exports of Chamois Leather and Combination Chamois Leather

Exports in MERCOSUR

In 2022, after three years of growth, there was decline in overseas shipments of chamois leather and combination chamois leather, when their volume decreased by -0.3% to X square meters. Overall, exports, however, recorded prominent growth. The pace of growth was the most pronounced in 2019 when exports increased by 65%. Over the period under review, the exports of attained the peak figure at X square meters in 2021, and then declined modestly in the following year.

In value terms, exports of chamois leather and combination chamois leather amounted to $X in 2022. In general, exports recorded a slight decline. The pace of growth was the most pronounced in 2021 with an increase of 70%. The level of export peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Brazil (X square meters) represented roughly 98% of total exports in 2022.

Brazil was also the fastest-growing in terms of the chamois leather and combination chamois leather exports, with a CAGR of +10.3% from 2012 to 2022. While the share of Brazil (+36 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) also remains the largest chamois leather and combination chamois leather supplier in MERCOSUR.

From 2012 to 2022, the average annual rate of growth in terms of value in Brazil stood at +3.4%.

Export Prices by Country

The export price in MERCOSUR stood at $X per square meter in 2022, surging by 7.3% against the previous year. Overall, the export price, however, saw a deep slump. The pace of growth appeared the most rapid in 2014 when the export price increased by 42%. As a result, the export price attained the peak level of $X per square meter. From 2015 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Brazil.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to -6.3% per year.

Imports of Chamois Leather and Combination Chamois Leather

Imports in MERCOSUR

In 2022, approx. X square meters of chamois leather and combination chamois leather were imported in MERCOSUR; growing by 30% compared with 2021 figures. Total imports indicated a perceptible increase from 2012 to 2022: its volume increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.1% against 2018 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 56%. The volume of import peaked at X square meters in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, imports of chamois leather and combination chamois leather surged to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when imports increased by 140%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

In 2022, Chile (X square meters) represented the main importer of chamois leather and combination chamois leather, constituting 43% of total imports. Brazil (X square meters) ranks second in terms of the total imports with a 20% share, followed by Venezuela (17%), Guyana (9.5%) and Uruguay (5%). The following importers - Peru (X square meters) and Argentina (X square meters) - each resulted at a 4% share of total imports.

Imports into Chile increased at an average annual rate of +3.8% from 2012 to 2022. At the same time, Uruguay (+33.3%), Peru (+14.3%), Guyana (+11.0%) and Brazil (+8.8%) displayed positive paces of growth. Moreover, Uruguay emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +33.3% from 2012-2022. By contrast, Venezuela (-2.2%) and Argentina (-3.4%) illustrated a downward trend over the same period. Brazil (+8 p.p.), Guyana (+4.8 p.p.) and Uruguay (+4.6 p.p.) significantly strengthened its position in terms of the total imports, while Argentina and Venezuela saw its share reduced by -1.9% and -12.9% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest chamois leather and combination chamois leather importing markets in MERCOSUR were Brazil ($X), Venezuela ($X) and Chile ($X), together accounting for 87% of total imports. Uruguay, Argentina, Peru and Guyana lagged somewhat behind, together accounting for a further 11%.

In terms of the main importing countries, Uruguay, with a CAGR of +29.4%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per square meter, remaining relatively unchanged against the previous year. Over the period under review, the import price, however, recorded a perceptible slump. The pace of growth appeared the most rapid in 2014 an increase of 54% against the previous year. As a result, import price attained the peak level of $X per square meter. From 2015 to 2022, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Venezuela ($X per square meter), while Guyana ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Venezuela (-0.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform