After Sluggish Year, Brazilian Graphic Arts Betting on 5% Growth in 2007

The graphic arts sector in Brazil is expected to grow from 4% to 5% next year. A significant share of this growth should come from exports, according to estimates by the Brazilian Association of the Graphic Arts Industry (Abigraf).

The Brazilian graphic arts sector manufactures products such as packages, labels, envelopes and notebooks, and prints fiscal and promotional material, books and cards. Books account for the largest portion of the production, followed by labels and packages.

In 2006, the Brazilian graphic arts industry growth should be 2.7%, according to Abigraf. Exports have ensured the sector’s better performance this year as well. The graphic arts sector is expected to accumulate US$ 7.5 billion in sales until the end of the year.

Last year, total revenue for companies active in the sector was US$ 7.3 billion. Foreign sales during the first ten months of 2006 amounted to US$ 228.53 million, representing a 55% increase over the same period last year.

The most exported product was notebooks. Foreign sales of notebooks reached US$ 78.95 million during the period. The second most exported item was packages, with sales amounting to US$ 61.34 million. Graphic arts product imports reached US$ 168 million between January and October this year, generating a US$ 60.52 million surplus.

The Brazilian graphic arts sector is comprised of more than 19,000 companies. Most of these companies are in the southern Brazilian states of São Paulo and Rio de Janeiro, in the southern state of Paraná, and in Minas Gerais, also in the southeast.

The vast majority – 90.5% – consist of micro and small businesses. These companies, though, account for only 5% of the sales revenue for the sector, and for 38.6% of jobs. Mid-sized and large companies account for 95% of the revenues.

Up until October, the Brazilian graphic industry employed 188,000 people. In 2005, according to data from the Ministry of Labor, the sector had 183,000 employees. Approximately 5,000 jobs were generated this year. Among the workers in the sector, 41% have completed secondary school, and 25% earn from two to three minimum wages.

Tags:

You May Also Like

Brazzil? What Is It All About?

Created in April of 1989, BRAZZIL has been a national respected link between Brazil ...

Argentina President in Brazil Looking for Inspiration and Money

The President of Argentina, Cristina Fernandez de Kirchner, traveled this Saturday, September 6 to ...

Brazil Is Not Finished with the Middle East. Lula to Revisit Region This Year

The Brazilian government is betting on the promotion of official visits and trade events ...

Will Brazil and Portugal Ever Agree on a Common Language?

Brazil and Portugal have signed a few orthographic (spelling) reform agreements in the past, ...

Lula’s Credit Rating Downgraded

In the next few weeks, we should see whether Lula’s government has the political ...

Brazil’s Embraer Deliver 63 Airplanes. 298 Others Have Been Ordered.

Embraer, the Brazilian aircraft manufacturer announced today, July 17, 63 airplanes were delivered in ...

Brazil Aviation: 96% of Embraer’s US$ 6 Billion in Revenues Come from Overseas

The Arab market is one of the main fronts for growth for Brazilian aircraft ...

Brazil Has the Most Entrepreneurs After China and 53% Are Women

Brazil ranks second in terms of number of entrepreneurs among the G-20 nations, a ...

Brazil Petrobras’s New Record: 1.7 Million Barrels a Day

Petrobras – Brazilian Petroleum S.A. – broke its old daily production record of 1.596 ...

In Brazil Recession Is Already History

The economic recovery has already started in Brazil.  The same is also happening in ...