Brazil: Horsehair Market Overview 2021

Horsehair Market Size in Brazil

The Brazilian horsehair market totaled $X in 2019, almost unchanged from the previous year. Over the period under review, consumption saw a sharp slump. Horsehair consumption peaked at $X in 2009; however, from 2010 to 2019, consumption failed to regain the momentum.

Horsehair Production in Brazil

In value terms, horsehair production stood at $X in 2019 estimated in export prices. Over the period under review, production continues to indicate a slight downturn. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2019, production growth remained at a lower figure.

The average yield of horsehair in Brazil totaled X kg per head in 2019, approximately equating the year before. Over the period under review, the yield saw a relatively flat trend pattern.

The number of animals slaughtered for horsehair production in Brazil stood at X head in 2019, flattening at 2018. Overall, the number of producing animals recorded a relatively flat trend pattern.

Horsehair Exports

Exports from Brazil

In 2019, after four years of decline, there was significant decline in overseas shipments of horsehair, when their volume decreased by -X% to X kg. Overall, exports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X% y-o-y. As a result, exports attained the peak of X kg. From 2015 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, horsehair exports contracted rapidly to $X in 2019. Over the period under review, exports, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2014 when exports increased by X% year-to-year. As a result, exports attained the peak of $X. From 2015 to 2019, the growth exports failed to regain the momentum.

Exports by Country

The U.S. (X kg) was the main destination for horsehair exports from Brazil, accounting for a approx. X% share of total exports.

From 2007 to 2018, the average annual growth rate of volume to the U.S. amounted to -X%.

From 2007 to 2018, the average annual rate of growth in terms of value to the U.S. totaled -X%.

Export Prices by Country

In 2018, the average horsehair export price amounted to $X per tonne, remaining stable against the previous year. In general, the export price saw a deep setback. The export price peaked at $X per tonne in 2007; however, from 2008 to 2018, export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the U.S..

From 2007 to 2018, the rate of growth in terms of prices for the U.S. amounted to +X% per year.

Horsehair Imports

Imports into Brazil

In 2019, approx. X kg of horsehair were imported into Brazil; remaining stable against 2018. Overall, imports showed a abrupt contraction. As a result, imports attained the peak of X tonnes. From 2009 to 2019, the growth imports remained at a somewhat lower figure.

In value terms, horsehair imports stood at $X in 2019. Over the period under review, imports faced a dramatic decline. As a result, imports attained the peak of $X. From 2009 to 2019, the growth imports failed to regain the momentum.

Imports by Country

In 2010, the Czech Republic (X tonnes) was the main horsehair supplier to Brazil, accounting for a approx. X% share of total imports.

From 2007 to 2010, the average annual rate of growth in terms of volume from the Czech Republic amounted to +X%.

In value terms, the Czech Republic ($X) constituted the largest supplier of horsehair to Brazil.

From 2007 to 2010, the average annual growth rate of value from the Czech Republic amounted to +X%.

Import Prices by Country

The average horsehair import price stood at $X per tonne in 2010, with a decrease of -X% against the previous year. In general, the import price recorded a significant contraction. As a result, import price reached the peak level of $X per tonne. From 2009 to 2010, the growth in terms of the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the Czech Republic.

From 2007 to 2010, the rate of growth in terms of prices for the Czech Republic amounted to -X% per year.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for horsehair in the world?

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China (23K tonnes) remains the largest horsehair consuming country worldwide, comprising approx. 70% of total volume. Moreover, horsehair consumption in China exceeded the figures recorded by the second-largest consumer, Belgium (1.4K tonnes), more than tenfold. The third position in this ranking was occupied by Iran (1.2K tonnes), with a 3.6% share.

What are the largest producers of horsehair in the world?

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The countries with the highest volumes of horsehair production in 2019 were Belgium (2K tonnes), Iran (1.3K tonnes) and Afghanistan (1.2K tonnes), together accounting for 44% of global production. These countries were followed by Kazakhstan, Lesotho, the U.S., Peru, Kyrgyzstan, New Zealand, Uruguay, Mali, Uzbekistan and Turkmenistan, which together accounted for a further 45%.

What are the leading suppliers of horsehair to Brazil?

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In value terms, the Czech Republic ($299K) constituted the largest supplier of horsehair to Brazil.

What is the average export price for horsehair in Brazil?

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The average horsehair export price stood at $32,173 per tonne in 2018, stabilizing at the previous year.

What is the average import price for horsehair in Brazil?

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The average horsehair import price stood at $24,940 per tonne in 2010, falling by -7.1% against the previous year.