Brazilian Agribusiness Will Start 2023 Much Better Than It Entered 2022, According to FGV’s Center for Agribusiness, This Sector Will Close 2023 With Exponential Growth

Written by Bruno Teles

Published on 27/01/2023 at 13:57

Agroindústria Brasileira (Foto/divulgação)

Seja o primeiro a reagir!

The Brazilian Agroindustry Is Still Going Through a Moment, After the Beginning of 2022 With Not Promising Prospects in Agribusiness, We Will Start 2023 With a Slightly Better Situation.

This analysis is by the researcher from the Center for Agribusiness at FGV – Fundação Getúlio Vargas, Felippe Serigati, who, in light of the scenario indicated by this Agroindustrial Production Index (PIMAgro), is a study conducted by this institution to measure the short-term evolution in the volume of physical production of the agroindustry.

This Coordinator of the Professional Master’s in Agribusiness (MPAgro) at the School of Economics of São Paulo at FGV, Serigati estimated that agroindustrial production will grow by about 2% this year, even considering the latest survey indicating an evolution of about 0.7% until mid-August.

“The Brazilian economy reacted in the second half with structural factors, such as the decline in the spread of the Covid-19 virus and the opening of the economy, allowing people to move freely, which boosted the services sector that truly generates jobs in the country,” he analyzes.

ARTICLE CONTINUES BELOW

Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

The Technical Agenda and the Fair in the City of Macaé Should Boost Discussions on Investments, Energy Transition, and Development of the Oil, Gas, and Energy Chain in the National...

Paulo Nogueira

“Combined with conjunctural factors, such as the increase in the Brazil Social Assistance, tax reductions on fuels, and aid to certain categories, like truck drivers, this provided an income gain that reflected the increased demand for agroindustrial products,” concluded Serigati.

According to the FGV Agro study, food producers and beverages were the main focuses of ANUEFOOD Brazil – 4th Exclusive International Fair for the Food and Beverage Sectors, which takes place from April 11 to 13, 2023, in São Paulo, and will still experience growth of over 2.5%. Serigati explains that for this forecast to truly happen, growth in this segment will have to be even stronger in the last quarter of the year.

“An evolution of more than 6% compared to the last three months of last year will be necessary for the entire agroindustry, while for food and beverage products, this index should increase by about 5%. Since the fourth quarter of 2021 was very weak for this sector, these growth rates, although significant, are still reasonable,” he calculated.

The PIM Agro is still generated from some data from the Monthly Industrial Survey (PIM-PF) and the Brazilian Institute of Geography and Statistics (IBGE).

Brazilian Agribusiness Will Start 2023 Much Better Than It Entered 2022, According to FGV’s Center for Agribusiness, This Sector Will Close 2023 With Exponential Growth

The Brazilian Agroindustry Is Still Going Through a Moment, After the Beginning of 2022 With Not Promising Prospects in Agribusiness, We Will Start 2023 With a Slightly Better Situation.

Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

Interview: Carlos Fávaro, Minister of Agriculture

Expansion of Federal Institutes: 38 new campuses and R$ 200 million for public education; see the cities included.

Diagnostic test

Billions of barrels on the equatorial margin could lead Amapá to double its oil production in Brazil — the state wants to enter the route of companies in the Campos Basin, attract investments, and boost jobs and businesses in the oil and gas sector.

Without bricks, without cement, and without endless construction: the cardboard house that is assembled in modules and can be moved.

Billions of barrels on the equatorial margin could lead Amapá to double its oil production in Brazil — the state aims to enter the route of companies in the Campos Basin, attract investments, and boost jobs and businesses in the oil and gas sector.

Without bricks, without cement, and without endless construction: the cardboard house that is assembled in modules and can be moved.

Government unlocks R$ 554 million for a highway that has been requested for decades and accelerates the duplication of BR.

Expansion of Federal Institutes: 38 new campuses and R$ 200 million for public education; see the cities included.

350-year mystery may have been solved: remains of a soldier who inspired the hero of The Three Musketeers found beneath a church in the Netherlands.

NASA photographed a nearly perfect square with 3 km sides on Mars, 13 times larger than the Great Pyramid of Giza, but the official explanation is natural erosion; still, no one has explained why the four sides have almost identical lengths.

Starlink breaks the barrier of 10,000 satellites in orbit and takes its expansion to an unprecedented level, with a direct impact on global internet, technological competition, and the race for space.

Seen from space, a colossal ‘Y’ cuts through the largest desert in China, blending a jade-filled river, red and white mountains, and revealing the absurd scale of the transformation of the Taklamakan surrounded by a green wall with billions of trees.

Brazilian Agribusiness Will Start 2023 Much Better Than It Entered 2022, According to FGV’s Center for Agribusiness, This Sector Will Close 2023 With Exponential Growth

The Brazilian Agroindustry Is Still Going Through a Moment, After the Beginning of 2022 With Not Promising Prospects in Agribusiness, We Will Start 2023 With a Slightly Better Situation.

Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

Interview: Carlos Fávaro, Minister of Agriculture

Expansion of Federal Institutes: 38 new campuses and R$ 200 million for public education; see the cities included.

Diagnostic test

Billions of barrels on the equatorial margin could lead Amapá to double its oil production in Brazil — the state wants to enter the route of companies in the Campos Basin, attract investments, and boost jobs and businesses in the oil and gas sector.

Without bricks, without cement, and without endless construction: the cardboard house that is assembled in modules and can be moved.

Billions of barrels on the equatorial margin could lead Amapá to double its oil production in Brazil — the state aims to enter the route of companies in the Campos Basin, attract investments, and boost jobs and businesses in the oil and gas sector.

Without bricks, without cement, and without endless construction: the cardboard house that is assembled in modules and can be moved.

Government unlocks R$ 554 million for a highway that has been requested for decades and accelerates the duplication of BR.

Expansion of Federal Institutes: 38 new campuses and R$ 200 million for public education; see the cities included.

Lula’s government changes rule in important benefit and thousands of Brazilians will no longer receive it; see what has changed.

New Gripen fighter makes Argentines surrender to Brazil, and the heavy reaction exposes envy, frustration, and shock at Brazil’s technological leap.

This discovered deposit near the Andes could change the future of Argentina, attract billions, and even shake up the global metals market.

Volkswagen is in such a deep crisis that it has decided to convert one of its factories in Germany into a production line for components for the Israeli Iron Dome missile defense system to save 2,300 jobs.

Expansion of Federal Institutes: 38 new campuses and R$ 200 million for public education; see the cities included.

350-year mystery may have been solved: remains of a soldier who inspired the hero of The Three Musketeers found beneath a church in the Netherlands.

NASA photographed a nearly perfect square with 3 km sides on Mars, 13 times larger than the Great Pyramid of Giza, but the official explanation is natural erosion; still, no one has explained why the four sides have almost identical lengths.

Starlink breaks the barrier of 10,000 satellites in orbit and takes its expansion to an unprecedented level, with a direct impact on global internet, technological competition, and the race for space.

Seen from space, a colossal ‘Y’ cuts through the largest desert in China, blending a jade-filled river, red and white mountains, and revealing the absurd scale of the transformation of the Taklamakan surrounded by a green wall with billions of trees.