Less leather for footwear, more leather for car interiors and upholstery. While talking to Spanish media during Futurmoda fair, José Fernando Bello, president of CICB, commented about the latest trend of Brazilian leather export. It turns out that leather for footwear has been going down: according to figures provided by Leatherbiz, at present 20,1% of materials are being purchased by footwear manufacturers. Same share (which is increasing though) goes for home furnishings, whereas more than 50% (which is going up as well) of manufacturing are being bought by car companies. About 80% of hides and skins (43 million units) tanned by 250 Brazilian tanneries (still quoting Mr. Bello’s data) are bound to be allocated in the international markets. Such figures go hand in hand with the business aims of Russian Miratorg group, who are about to open their first tannery: the automotive sector is actually expanding, though competition is getting very fierce.
Brazil to boost their leather export for upholstery and car interiors. Automotive competition speeds up
