Brazil reports hide and leather export value for 201 - leatherbiz: Lea Leatherbiz

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Brazil reports hide and leather export value for 2010

11/02/2011
Brazil’s tanning industry association, CICB, has reported a 50% increase in the value of its exports in 2010. Exports last year brought in revenues of $1.74 billion, compared to $1.16 billion in 2009. The 2010 figure is still 7% short of the 2008 total: before the global economic downturn had full effect on the industry, Brazilian tanners exported $1.88 billion worth of leather.

The most recent monthly figures, for December 2010, show export earnings from bovine hides of almost $159.6 million, 22% higher than in December 2009. Tanners exported more than 2.5 million hides, a volume 7% higher than that of the same month in 2009.

Commenting on the figures, CICB president, Wolfgang Goerlich, said that the recover of the Brazilian tanning industry in 2010 would have been even stronger if it had not been for what he called the “exchange crisis” that the Brazilian economy is facing because of the fall in the value of the US dollar. This prevented the country’s tanners from achieving the sales prices they hoped to receive for the leather they produced last year, he said.

“The monthly average we achieved in export earnings during 2010 was $145.2 million,” Mr Goerlich explained, “compared to almost $260 million in 2008.”

The CICB president also pointed to Brazil’s high production costs, stemming from what the organisation calls “a heavy tax burden”, high social security payments, “enormous bureaucracy”, problematic logistics infrastructure and difficult access to credit.


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