S\u00e3o Paulo \u2013 The Brazilian packaging industry should end the year with a 1% increase in production, even though it has been affected by the slowing down of the world economy. The rate is lower than the average recorded in the last few years, which was 2%, and much lower than the rate recorded last year, which was 10%.<\/p>\n
According to projections of the Brazilian Packaging Association (Abre), revenues may reach 45.6 billion reals (US$ ), higher than in 2010 (41.1 billion reals, or US$ ). In the first half, 2.98% more packaging has been produced than in the same period of last year, and in the last 12 months, production grew by 4.18%. The best-performing industries include wooden packaging, with a 15.83% increase, followed by glass packaging (11.69%) and metal packaging (4.38%).<\/p>\n
The figures were culled from Estudo Macroecon\u00f4mico da Embalagem (Macroeconomic Packaging Study), presented this Wednesday (17th) by the analyst Salom\u00e3o Quadros, of the Brazilian Institute of Economy (Ibre) of the Getulio Vargas Foundation (FGV). To the economist, the worst period for national manufacturers began in July and should end in September, to be followed by a slight recovery shortly. <\/p>\n
What is taking place, according to him, is a process of fine-tuning because the pace of production has grown faster than the demand, leaving companies with high stock-up levels. \u201cThe demand is showing no signs of picking up, so the only way to lower stock-up levels is to reduce the output,\u201d said Quadros.<\/p>\n
*Translated by Gabriel Pomerancblum<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"
The sector should end the year with a small rate of growth, lower than the average of the last few years, which was 2%, according to projections of the Brazilian Packaging Association.<\/p>\n","protected":false},"author":2315,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[],"class_list":{"0":"post-39028","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"The sector should end the year with a small rate of growth, lower than the average of the last few years, which was 2%, according to projections of the Brazilian Packaging Association.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/39028","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2315"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=39028"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/39028\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=39028"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=39028"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=39028"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}