18 September 2023
Footwear exports from Brazil between January and August fell 16% in volume and 7% in revenue compared with the same period last year.
Exports totalled 82.28 million pairs, generating $823.15 million.
Haroldo Ferreira, CEO of footwear industry association Abicalçados, said the slowdown in the international economy, high interest rates and slowing demand from the US had impacted the sector.
He added: “We expect some improvement in the last months of the year, but even so we should end 2023 with indices between 6.7% and 9.1% lower than those registered in 2022, in volume.”
Even so, these figures would be higher than the results in 2019.
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We bring leather, material and fashion businesses together: an opportunity to meet and greet face to face. We bring them from all parts of the world so that they can find fresh partners, discover new customers or suppliers and keep ahead of industry developments.
We organise a number of trade exhibitions which focus on fashion and lifestyle: sectors that are constantly in flux, so visitors and exhibitors alike need to be constantly aware both of the changes around them and those forecast for coming seasons.
