Great Prospects for Investment in Brazil Construction Materials
These sales figures are based on the excellent performance of the construction materials industry in Brazil during 2010 and the expected increase in the number of Brazilian households. This high growth is pushing the demand for new homes and is the main engine driving property investment in Brazil.
In its quarterly construction materials industry report, the Brazilian Association for the Construction Materials Industry (ABRAMAT) provides figures for 2010 and outlines the perspectives for the next five years. The report confirms the excellent prospects for this niche market in Brazilian investments.
Part and parcel of this buoyant market in Brazil was employment in construction. Between January and September last year, 15.2% more jobs were created nationally in the building industry. This figure was even higher in some regions of Brazil – for example, employment in the construction sector rose by 27.4% in north east Brazil and by 24.5% in the north.
ABRAMAT concludes that 2010 was undoubtedly a great year for the construction materials business in Brazil. And the good news for investors is that 2011 looks set to follow suit. On the back of last year’s performance, Brazilian businesses are very optimistic for this year. Industry experts are predicting the growth in sales of building materials to be nearly 9% this year with sustained growth at least until 2016.
This optimism is based on the demographics driving demand for real estate in Brazil. ABRAMAT reports that between now and 2016, the rate of growth in the number of Brazilian families will be over double the rate of population growth generally. The increase in the number of households is set to be even higher. The conclusion is obvious – the higher the number of households, the higher the demand for homes. This translates to an increase in construction and the corresponding rise in building materials sales.
ABRAMAT expects an annual average of R$230 billion to be spent on property investment in Brazil between 2011 and 2016. In tandem with this, construction materials will average sales of R$146.5 billion every year (R$104 billion in basic building materials and R$42.5 billion in finishing materials).
All in all, ABRAMAT predicts an 8.8% growth in construction materials sales in Brazil this year. For the next five years, the Association forecasts that sales will increase by 48%.
For Obelisk International, this latest report into construction materials confirms the huge potential for investment in Brazil’s building industry. The inexorable demand for property from Brazil’s ever-increasing households means that demand for construction materials will also continue on a steady upward trend. Investment in this niche market therefore makes perfect sense.
About Obelisk International: Obelisk International offers select investment opportunities in Brazil and gives investors security, profitability and diversity thanks to a combination of close attention to our clients' investment requirements and high quality in-house research and analysis.
For more information on investment in Brazil and to find out about Obelisk International’s latest projects there, contact us on 0034 952 820 319. Via email: email@example.com or visit our website: www.obeliskinternational.com.
Apdo de Correos 977
Tel: +34 952 820 319
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Great Prospects for Investment in Brazil Construction Materials here
News-ID: 160223 • Views: 1484
More Releases from Obelisk
Investment in Brazil's Middle Classes
After eight years under Lula, Brazil now has a new president. Like her predecessor, newly-elected President Dilma has pledged to continue investment in Brazil’s new middle classes. Under this investment, Brazil has experienced spectacular economic and social growth. A glance at statistics in key areas since 2002 shows impressive increases in both Brazilian wealth and social status. Although there is still plenty to do to fulfil Dilma’s pledge to end
Excellent Year for the Brazil Construction Materials Industry
The construction materials industry in Brazil has just closed one of the best years ever. On the back of widely available credit and vast investment in Brazilian real estate and infrastructure, construction costs rose by 7.36% in 2010. Latest annual figures issued by the Brazilian Statistics Agency (IBGE) point to a nationwide increase in the cost of construction of 7.36%. The total cost of building a square metre in Brazil was
Civil Construction Investment in Brazil Booming
Latest figures estimate that investment in civil construction in Brazil needs to average R$255 billion a year until 2022. By then, the shortage of property in Brazil should equal that in developed countries. Brazil has a massive housing shortage and the investment needed to reduce it is also massive. According to the latest estimates published by the São Paulo Industry Federation (Federação das Indústrias do Estado de São Paulo/FIESP), around R$3
Brazil is Hottest Investment Destination
Once again, Brazil comes out as one of the world’s top destinations for investment. With great achievements this year, investment in Brazil is looking ahead to even better opportunities. Experts from politics and many walks of business life in Brazil got together last week in São Paulo to discuss Brazil’s immediate future. Meeting at the Reuters Brazil Investment Summit, speakers from investment banking, real estate, equity and Brazilian political life were
More Releases for Brazil
Wine in Brazil
Latest Report on Wine in Brazil Similar to other alcoholic drinks, wine saw a total volume decline in 2016, with sales falling by 3%. Although this decline was slower than that seen in the previous year, of 4%, it is clear that the negative economic situation continued to affect consumers’ demand for wine. Since it is perceived by many as a non-essential product, other products and types of alcoholic drinks seemed
Alcoholic Drinks in Brazil
Latest Report on Alcoholic Drinks in Brazil Total volume sales of alcoholic drinks continued to decline in Brazil in both the on-trade and off-trade channels in 2016. Consumers had less available income; therefore were forced to make more rational decisions on what to purchase, taking into consideration their budget and the necessity of each product. For this reason, consumption frequency reduced considerably in almost all categories, and also a downgrade to
Brazil Juice Industry
Brazil Juice Industry Juice in Brazil was directly affected by the unstable economic situation and consumers’ shrinking disposable incomes. After registering a series of double-digit growth rates in off-trade volume terms earlier in the review period, the category registered a flat performance in 2015 and grew by just 2% in 2016. The two most important categories within juice in off-trade volume terms, nectars and juice drinks (up to 24% juice), faced
Brazil: Country Intelligence Report
Brazil: Country Intelligence Report Summary "Brazil: Country Intelligence Report", by GlobalData provides an executive-level overview of the telecommunications market in Brazil today, with detailed forecasts of key indicators up to 2021. Published annually, the report provides the detailed analysis of the near-term opportunities, competitive dynamics and evolution of demand by service type and technology/platform across the fixed telephony, broadband, and mobile, as well as a review of key regulatory trends. SAMPLE REPORT: https://www.reportsandmarkets.com/sample-request/brazil-country-intelligence-report-1613311 GlobalData
Packaged Water in Brazil
ReportsWorldwide has announced the addition of a new report title Packaged Water in Brazil to its growing collection of premium market research reports. Packaged Water in Brazil industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Synopsis: Essential resource
Airlines in Brazil 2017
ReportsWorldwide has announced the addition of a new report title Airlines in Brazil 2017 to its growing collection of premium market research reports. Airlines in Brazil industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Synopsis: Essential resource for top-line data