January hide exports up in Brazil, but wet blue still dominates
12/02/2014
In total, Brazilian tanners and traders exported more than 2.7 million hides in the course of January 2014, which represents an increase in volume of 2.4% in comparison to the same month last year.
However, 54.9% of these hides were exported as wet blue and only 37.8% as finished leather, which represents a continuation of a new trend that began in 2013. Until last year, finished leather had a greater share of export volumes than wet blue.
Finished leather still has a greater share of the value of exports. In January, finished leather contributed 49.5% of the total value of hide exports, compared to wet blue’s share of 38.4%.
Image shows high value-add Brazilian leather from Berlonzi.
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