Brazilian hide and skin exports down 25.4% in April
Published: 15 May, 2019
Total hide and skin exports from Brazil declined 25.4% in April, year-on-year, to US$102.2 million. April exports were also 14.1% lower than the previous month of March, when it totalled US$119 million, according to data released by the Centre for the Brazilian Tanning Industry (CICB). In terms of sq m exported, shipments in April totalled 15.2 million sq m, down 10.2% compared with the same month of 2018, with wet-blue accounting for 44.3% of the total, finished leather 48.7% and crust 7%. Total exported area in the first four months of 2019 declined 2.2% compared with the same period in the previous year.
Brazilian hide and skin exports to China, which accounts for 24.5% of the total, grew 1% in sq m but decreased 32.3% in value. Exports to Italy, the second most important export destination accounting for 18.6%, grew 0.2% in sq m but was down 14.3% in value, while shipments to the U.S. (15.9%) declined 15.2% in area and 25.5% in value exported.
Between January and April, a drop in exports (-23.6%) was observed for all categories, except wet-salted (+17.1%); wet-blue -26.9%, split -10.6%, crust -33.3%, and finished leather -21.3%. To read more click here.