• Categories
  • Archives

Brazil Hopeful Crisis Will Boost Cosmetics Exports

Brazilian cosmetics The Brazilian Association of Toiletries, Perfumes & Cosmetics Industries (Abihpec) estimates that sector revenues in 2008 should reach 21.2 billion Brazilian reais (US$ 8.9 billion), growth of 8.6% over the previous year. According to the organization, another positive factor is a trade balance surplus of US$ 200 million.

The figures were disclosed by the Abihpec, which estimates that  sector exports should end the year at US$ 650 million, against US$ 450 million in imports. A press statement disclosed by the organization shows that the personal hygiene, perfumery and cosmetics product sector is the only one in the chemical complex (which includes cleaning product, pharmaceutical, paint and fertilizer industries, among others) to present a surplus.

According to the president at Abihpec, João Carlos Basí­lio, sector exports still have space for growth. The president of the organization also stated that this is a fragile moment for the economies of North America and Europe, which could help increase the competitiveness of Brazilian companies on the international market.

Despite the crisis, the sector has not yet noticed negative consequences, as the companies do not depend on easy credit for consumers to buy personal hygiene, perfumery and cosmetics products. "Crisis and opportunity are two sides of the same coin," said Basí­lio, in an Abihpec press statement.

One of the markets that the sector is going to continue betting on in 2009 is the Arab market. The organization should participate once more in the Beautyworld Middle East fair, in the cosmetics sector, to take place in Dubai, in the United Arab Emirates, in June.

According to figures disclosed on the Abihpec site, the total value of sales of beauty products in the Middle East in 2007 reached US$ 2.1 billion. In the United Arab Emirates alone, the beauty and spa market should exceed US$ 600 million in 2009.



  • Show Comments (1)

  • ch.c.

    Whoaaaaa !
    Do brazilians spend ONLY US$ 4.- per month (using wholesale prices measures…not retail) for Toiletries, Perfumes & Cosmetics ?????
    That include soaps, liquids soaps, shampoo, deodorants. creams etc etc ! Isnt it ??????

    You cant say Noooooo ! You have the numbers !

    Whoaaaaaaa !

    Instead of trying to export more, wash and clean yourselves MORE….FIRST ! Same for your food exports…with your 25 % of the population…UNDER NOURRISHED !!!!

    😮 😮 😮 😥

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.


You May Also Like

Former Brazilian Justice Minister Hired to Defend US Pilots Involved in Boeing Crash

ExcelAire, the American company that bought the Legacy jet, the aircraft that ended up ...

In Defense of Brazil

The United States might never have survived long enough to become an industrial giant ...

Two Brazilian Garbage Men File Suit Against TV Anchor Who Offended Them

Prejudice has made headlines again in Brazil, and this time involving reputable Brazilian TV ...

Brazil Cites Low Inflation and Idleness to Keep Interest Rates at 8.75%

With inflation below target, Brazil's central bank, for the third time in a row, ...

Government Will Contribute Only 14% to Brazil’s US$ 240 Bi Investment Package

Brazil's president Lula da Silva unveiled on January 22 an economic package with the ...

Brazilian Indians Win This Round. They Can Stay.

The chief justice of the Brazilian Supreme Court, Carlos Ayres Britto, suspended three repossession ...

For a New Generation of Brazilians Farming You Learn at School

When young Crauzimiro José Barbosa, 23, arrived at home talking about new sheep-raising techniques, ...

With Public or Private Funds Brazil Is in a Rush to Fix its Roads

Brazil’s government hopes to award the concession for the BR-163 highway, which connects Cuiabá ...

Brazil’s PT Accused of Links to Farc Wins Right to Write Own Version in Veja

Brazil’s ruling party, the PT (Workers Party) had two complaints filed at the Federal ...

He Wants to Put Brazil’s Cachaça in Every U.S. Home Bar

“I like to think of “cachaça” as the new ‘Girl from Ipanema’: smooth, seductive ...