Brazilian hide exports: crust figures encourage CICB
18/05/2016
Exports of finished leather contributed 64% of the 2016 value, while wet blue’s share was 21.4% and crust’s 11.4% (small-volume exports of salted hides and of wet blue split contributed the rest). Year on year, revenues from exports of finished leather over the period were down by 11.1%, while the figure for wet blue fell by almost 30%. Export revenues brought in by shipments of crust, however, were up 61.2%; crust exports brought in $73.5 million in the first four months of 2016, compared to $45.6 million during the same months last year.
President of the Brazilian tanning industry association (CICB), José Fernando Bello, said he was encouraged by growth in export revenues from crust. He said increasing the amount of value tanners add in Brazil to the country’s own raw material is “one of the main goals for the Brazilian leather industry”.
In terms of volume, exports overall were up year on year, with a 2016 volume of 160.7 million kilos of finished leather, crust and wet blue leaving Brazil for overseas markets in the first four months, compared to a volume of just over 150 million kilos in the same four months in 2015.
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