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.

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