First Quarter Brazil Leather Exports Ushered In A New Increase

According to the latest report released by the Ministry of industry and trade development of Brazil, Brazil cowhide exports continued to pick up in April, and exported 15 million 946 thousand square meters, an increase of 2.3% over the same period last year.

In the first quarter, the volume of cattle trade increased by 8.7%. In the case of Brazil Real, the export volume increased by 7.1% to 2 billion 663 million Real.

In the future,

The leather industry is not counting the number of raw leather in sheets, but in square meters.

Because each skin is different in size and weight.

At the same time, this is also in line with the industry standards advocated by the international leather Committee.

Chairman of Brazil Leather Industry Centre

(Fernando Bello) said exports of semi-finished leather and finished leather in the first quarter of 2016 increased significantly, up 114.2% and 16.4% respectively over the same period last year.

Upgrading the finished leather and semi-finished products is one of the important objectives formulated by the leather industry in Brazil.

Bello said that Brazil's leather export figures were encouraging in the first quarter, which is also Brazil.

Efforts should be made to advocate sustainable development and promote the results of trade with 80 countries.

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The global luxury market in 2015 was 253 billion euros, although it rose by 13% compared with 2014, but double-digit gains were almost entirely driven by the weakening of the euro. After excluding the exchange rate, the growth rate of 1% was worse than the 2%-4% expected at the beginning of the year.

Bain & amp; Co. Bain consulting said in its report that 2015 marks the beginning of a new cycle of slow and steady growth in the luxury market.

Since the fourth quarter of last year, the challenges faced by the global luxury industry have been extremely difficult, which has been extended to the first quarter of this year.

Excluding the exchange rate effect, the luxury market in the first quarter increased by only 1% over the first quarter, while the expected increase in 2016 was only 0%-2%.

The Greater China region has been showing signs of recovery, especially in the mainland, which is in the process of reversing the decline in the past three years. After the exchange rate was removed, the mainland is expected to achieve a 4% growth this year, but Taiwan and Hong Kong will continue to struggle, while the mainland will remain stable.

In the United States, because of its inability to get support from the tourism industry and the uneven local demand, it is also affected by the election year. Luxury sales are declining, but the positive performance of Canada and Latin America in the Americas will offset the weakness of the United States.

Europe is constrained by terrorism and biometric visas, which has led to a decrease in the number of tourist arrivals, but local demand is enough to compensate for the impact of the cooling of tourism. This drives the growth of European luxury goods sales by 3% this year, an increase that was lower than previously expected.

Similarly, Japan, which is highly dependent on tourism, especially Chinese tourists, is expected to lead the rest of the world for second consecutive years with a growth rate of 7%. However, Japan has also failed to respond to the slowdown in China's economic growth, and the appreciation of the yen has resulted in a decline in the number and purchasing power of Chinese tourists.

Other Asian countries and the rest of the world are expected to grow by 1% and 2% respectively this year.