Brazil Shoe Output to Fall 2.1% in 2026 on Import Pressure

Abicalçados revised its 2026 Brazilian shoe production forecast from +0.1% to -2.1%, citing import competition. Output is projected at 822.9-837.3 million pairs, down from 847.5 million in 2025. This signals a sectoral contraction driven by trade dynamics, with implications for domestic manufacturing and employment.