Business & Policy | Import/Export | Industry Updates

Rapid Surge in Brazil’s Skate Imports Grows to $193K in July 2023

Published: October 28, 2023
Author: Fashion Value Chain

Brazil Skates Imports

In July 2023, approximately 24K units of ice skates and roller skates were imported into Brazil; increasing by 92% against the previous month’s figure. In general, imports, however, continue to indicate a drastic downturn. The growth pace was the most rapid in May 2023 with an increase of 185% month-to-month. Over the period under review, imports attained the peak figure at 158K units in September 2022; however, from October 2022 to July 2023, imports stood at a somewhat lower figure.

In value terms, skates imports soared to $193K (IndexBox estimates) in July 2023. Over the period under review, imports, however, saw a abrupt downturn. The pace of growth was the most pronounced in February 2023 with an increase of 136% against the previous month. Imports peaked at 1.4M units in September 2022; however, from October 2022 to July 2023, imports stood at a somewhat lower figure.

Imports by Country

In July 2023, China (23K units) was the main skates supplier to Brazil, with a approximately 97% share of total imports.

From July 2022 to July 2023, the average monthly growth rate of volume from China amounted to -8.6%.

In value terms, China ($180K) constituted the largest supplier of skates to Brazil.

From July 2022 to July 2023, the average monthly growth rate of value from China amounted to -9.3%.

Import Prices by Country

In July 2023, the skates price stood at $8.2 per unit (CIF, Brazil), waning by -9.7% against the previous month. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in June 2023 when the average import price increased by 120% against the previous month. Over the period under review, average import prices attained the maximum at $10.3 per unit in March 2023; however, from April 2023 to July 2023, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was France ($8.6 per unit), while the price for China amounted to $7.8 per unit.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (-0.7%), while the prices for the other major suppliers experienced a decline.

Related Posts

Newton School of Technology Opens First Round of Admission for B.Tech in Computer Science and Artificial Intelligence for Class of 2024

Top 10 Reasons Why You Should Visit INTIMASIA 2023