MERCOSUR: Market for Chamois, Patent and Combination Leather 2024

Market Size for Chamois, Patent and Combination Leather in MERCOSUR

The MERCOSUR market for chamois, patent and combination leather dropped to $X in 2022, which is down by -7.9% against the previous year. Overall, consumption recorded a abrupt slump. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Production of Chamois, Patent and Combination Leather in MERCOSUR

In value terms, chamois, patent and combination leather production declined to $X in 2022 estimated in export price. Overall, production continues to indicate a deep reduction. The pace of growth was the most pronounced in 2014 when the production volume increased by 47%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Exports of Chamois, Patent and Combination Leather

Exports in MERCOSUR

In 2022, approx. X square meters of chamois, patent and combination leather were exported in MERCOSUR; with a decrease of -3% compared with the year before. Total exports indicated a modest increase from 2012 to 2022: its volume increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +92.9% against 2018 indices. The most prominent rate of growth was recorded in 2021 with an increase of 59% against the previous year. As a result, the exports attained the peak of X square meters, and then shrank in the following year.

In value terms, chamois, patent and combination leather exports rose to $X in 2022. Overall, exports recorded a pronounced downturn. The pace of growth was the most pronounced in 2021 when exports increased by 58% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Brazil prevails in exports structure, resulting at X square meters, which was approx. 87% of total exports in 2022. It was distantly followed by Argentina (X square meters), mixing up a 7.6% share of total exports. Colombia (X square meters) held a relatively small share of total exports.

Exports from Brazil increased at an average annual rate of +7.5% from 2012 to 2022. At the same time, Argentina (+8.2%) displayed positive paces of growth. Moreover, Argentina emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +8.2% from 2012-2022. By contrast, Colombia (-24.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Brazil and Argentina increased by +37 and +3.5 percentage points, respectively.

In value terms, Brazil ($X) remains the largest chamois, patent and combination leather supplier in MERCOSUR, comprising 84% of total exports. The second position in the ranking was taken by Argentina ($X), with a 10% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Brazil totaled +1.2%. The remaining exporting countries recorded the following average annual rates of exports growth: Argentina (+2.8% per year) and Colombia (-26.4% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per square meter in 2022, surging by 6.2% against the previous year. Overall, the export price, however, showed a pronounced setback. The growth pace was the most rapid in 2014 an increase of 27%. As a result, the export price reached the peak level of $X per square meter. From 2015 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Argentina ($X per square meter), while Colombia ($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 Colombia (-2.8%), while the other leaders experienced a decline in the export price figures.

Imports of Chamois, Patent and Combination Leather

Imports in MERCOSUR

In 2022, overseas purchases of chamois, patent and combination leather increased by 20% to X square meters, rising for the second year in a row after four years of decline. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 44%. The volume of import peaked at X square meters in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, chamois, patent and combination leather imports soared to $X in 2022. Over the period under review, imports, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2014 when imports increased by 86%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Chile represented the largest importer of chamois, patent and combination leather in MERCOSUR, with the volume of imports amounting to X square meters, which was approx. 51% of total imports in 2022. Brazil (X square meters) took a 13% share (based on physical terms) of total imports, which put it in second place, followed by Venezuela (9.3%), Guyana (8.4%) and Peru (7.1%). Argentina (X square meters) and Uruguay (X square meters) took a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to chamois, patent and combination leather imports into Chile stood at +9.9%. At the same time, Uruguay (+17.6%) and Guyana (+3.9%) displayed positive paces of growth. Moreover, Uruguay emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +17.6% from 2012-2022. By contrast, Peru (-1.1%), Venezuela (-2.4%), Brazil (-6.6%) and Argentina (-10.9%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Chile, Uruguay and Guyana increased by +32, +2.7 and +2.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest chamois, patent and combination leather importing markets in MERCOSUR were Chile ($X), Brazil ($X) and Venezuela ($X), with a combined 83% share of total imports.

Among the main importing countries, Chile, with a CAGR of +10.9%, recorded the highest rates of growth with regard to 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

The import price in MERCOSUR stood at $X per square meter in 2022, increasing by 1.6% against the previous year. Overall, the import price, however, continues to indicate a perceptible descent. The pace of growth appeared the most rapid in 2014 when the import price increased by 29%. As a result, import price reached the peak level of $X per square meter. From 2015 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: 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 Brazil (+2.1%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform