According to Abicalçados, Brazilian footwear exports in the first four months of the year slid 31.9% in revenue. Average price, however, rose.
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Brazilian footwear exports plunged 31.3% in volume and 22.8% in revenue in January and February. Competition with China and the economic situation in second leading buyer Argentina drove down the results.
There was a 10.8% drop in revenue and a 16.6% decrease in volume from 2022, according to sector association data. In December, Libya imported USD 730,000.
The Brazilian footwear industry shipped 102 million pairs abroad year to date through October. The recorded drop reflects the global slowdown and Chinese competition, said the sector association.
Exportações cresceram, mudaram de patamar e colocaram Brasil como alternativa aos fornecedores da Ásia. Desempenho de 2014 mostra que há potencial para exportar ainda mais.
The Saudi market imported 119,000 pairs of shoes from Brazil last month. It was the only Arab country on the list of main destinations.
Brazilian footwear exporters chose countries to promote their products over the next biennium. Priority markets include the United Arab Emirates, and secondary markets include Saudi Arabia.
Brazil shipped 14.6 million pairs of shoes in January, grossing USD 117.8 million. Europe’s purchases drove up the result.
Brazilian industries shipped 7.5 million pairs of shoes abroad in the first half of 2022. In addition to the increase in volume, there was a 67.5% growth in revenue.
The Brazilian industry shipped 13 million pairs of shoes in March, with a sharp increase in volume. Demand from the United States has gone up.
The Arab country was the 20th largest international suppliers of footwear to Brazil year to date through February shipping 603 pairs.
The Brazilian Footwear Program invites Brazilian footwear brands to sign up to market their products on an international B2B platform. It is the third edition of the project.
The Brazilian industry has been investing in flip-flops and transforming them into more than just footwear to use at home. The product accounts for half of the sector’s international sales.
9.3 million pairs were exported in the eighth month of the year, generating a 28.2% increase in volume and 34.9% in revenue, totaling USD 78 million. No Arab country is among the top 20 destinations for Brazilian footwear from January to August.
