Strong growth for Brazilian leather in Q1
18/04/2013
Figures for the first quarter of 2013 show export revenues from hides and leather of $545.2 million, an increase of 17.4% on the same quarter in 2012.
In terms of volume, Brazilian tanners and traders exported 8.2 million hides between the beginning of January and the end of March 2013. Of these, just over 3 million left the country as finished leather while almost 4.6 million were shipped as wet blue. Tanners shipped more than 490,000 hides as crust, while traders also exported more than 80,000 salted hides in the three-month period.
In value terms, 54% of the total export revenue came from shipments of finished leather, 6% from crust, 4% from split and 35% from wet blue. The other 1% of value came from the material that left Brazil as salted hides.
São Paulo, with a share of 21.9% of the total value, Rio Grande do Sul with 19.4%, Paraná with 11.4% and Goiás with 10.9% were the most important leather-producing states for the quarter.
Chinese importers spend $133.4 million on Brazilian leather over the quarter, while their counterparts in Italy invested $126.4 million.
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