Wet blue now leads the way in Brazil
13/01/2014
In the early days of this year, industry association CICB reported that, according to preliminary figures, exports brought in more than $2.5 billion in 2013, a record amount.
So far, confirmed details are available for the first nine months of 2013 only. Based on these, in a statement on January 13, CICB said Brazil had exported 25.8 million hides over the nine-month period, an increase of 22.8% compared to the same period in 2012, and of 25.2% compared to the same three quarters in 2011.
In 2013, 51.7% of the nine-month total left Brazil as wet blue, compared to 39.6% as finished leather. A year earier, wet blue’s share of the exports was 44.6%, while finished leather’s was 45%. In the same period in 2011, wet blue accounted for 35% of the total for the first nine months, while the proportion attributable to finished leather was almost 42.3%.