Brazilian Machinery and Equipment Industry Reaches USD 25 Million Early in the 2023 International Agenda
The Brazilian machinery and equipment
industry had a successful start to the 2023 international calendar as companies
participating in the International Production and Processing Expo (IPPE) in
Atlanta, Georgia, USA, closed deals worth USD 16.2 million. In addition to
this, an estimated turnover of USD 9.2 million is expected in the following 12
months after the event, bringing the total to USD 25 million.
The Brazil Machinery Solutions (BMS)
Program, a collaboration between ApexBrasil and ABIMAQ, reported the figures,
with ten Brazilian companies showcasing their products at the IPPE. The event,
the world's largest exhibition for technology, equipment, and services used in
the production and processing of eggs, meats, poultry, and animal feed, saw a
strong Brazilian presence in various sectors.
The deals made were with strategic
business-focused countries across Latin America, Europe, the Middle East, and
the USA, who hosted the event. Paulo Guerra, the Head of Institutional
Relations and Trade Promotion at ABIMAQ, stated that these regions are
essential for the exponential growth of Brazilian machinery and equipment
exports. The Brazilian Hall, promoted by the BMS Program, featured new products
from the participating companies, including machines, equipment, and solutions.
The USA is the second-largest consumer of
animal protein globally and accounts for 12% of exports, with low-cost
machinery, high efficiency, and credibility of the Brazilian animal-protein
sector being the main drivers of the relationship between the two countries.
