Exports of machinery and equipment fall 20.8% in April

2023-07-14 12:53:07

Report submitted by Brazilian Association of Machinery and Equipment Industry (Abimaq) points out that exports of machinery and equipment experienced a reduction of 20.8% in April, reversing part of the accumulated growth in 2023. However, the sector managed to export US$ 982 million, which represents an increase of 9.5 % in relation to the value exported in April 2022. In the report presenting on February 2023, Abimaq recorded that the numbers and performance of exports exceeding US$ 1 billion were increasingly common, since in 2022 there were eight months with similar results in sales to the foreign market. This performance reinforces the favorable period experienced by the machinery and equipment export sector, with results of a magnitude comparable only to that observed in 2012. This upward trend is not limited only to financial numbers, but also manifests itself in the quantity of exported products.

Projections in the commercialization sector of machinery and equipment used in civil construction showed positive data in the total context of exports and the domestic market in the sector. Analysis of the construction equipment rental and sale market reveals that this segment is going through a period of recovery and growth, with prospects for increased sales throughout 2023, according to projections from the 17th Sobratema Study of the Brazilian Construction Equipment Marketcarried out by the Brazilian Association of Technology for Construction and Mining (Sobratema), it is estimated that sales in this sector will show an increase of around 4%, both for the branch of yellow-colored machines and for the general segment of equipment aimed at construction.

Still on positive projections for the civil construction sector, a sector directly linked to machinery and equipment, the assessment for 2023 was positive. According to the information from the Brazilian Chamber of the Construction Industry (CBIC), the construction industry projected a growth of 2.5% in 2023. This projection took into account the consistent evolution that this sector has had in the last two years. Another point informed about the construction industry was cost reduction. Data published by the Getúlio Vargas Foundation (FGV) on the National Construction Cost Index (INCC-M) showed that the figures for labor and raw material costs ended the year 2022 with an increase of 9.40%, lower than the 13.84% recorded in the previous year.

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José Antônio Valente, director of the construction machinery rental Trans Obra claims that the result of exports in the sector is offsetting sales in the domestic market, preventing losses from harming the progress and planning of the entire sector and also avoiding greater losses in the number of jobs, despite believing that the result of the exports in the coming months should remain around US$ 1 billion, maintaining the good results since 2022. José Antônio claims that the equipment leasing sector showed positive results even with the drop in sales compared to 2022 in the leasing of machines big size and not concrete cutter rental. “The export of machines and equipment continues to contribute positively to the sector and all the companies involved must be aware of the opportunities that this can generate, especially when the subject is the export of large machines”.

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