Brazil Calls Men Plotting a Terror Attack During the Olympics Complete Amateurs
Brazil's Federal Police (PF) have announced that the ten people arrested as part of Oper...

Read more

Brazil Betting Foreign Olympic Tourists Will Want to Travel Beyond Rio
They will watch volleyball, soccer, basketball, judo, swimming and fencing matches, but ...

Read more

Five Challenges to Visit Brazil Through the Eyes of Foreigners Living There
A survey conducted by InterNations, the largest network and information site for people w...

Read more

Brazil's Dual Legacy of Slavery and the Monarchy
What do most Americans know of Brazil? Hardly more than the samba, the homeland of rich s...

Read more

Brazil's Presidential Impeachment Sounds More Like a Political Mutiny
On June 27, a board of experts charged with investigating the accusations against Brazili...

Read more

Brazil Scolds American Scientists for Calling for Forced Contact with Amazon Indians
The Brazilian government's Indigenous Affairs Department (FUNAI) has severely criticized...

Read more

A London Touch to Tour São Paulo
Looking out at the city as the wind caresses your face, the sun or the rain, the cars un...

Read more

A Story of Sex, Suspense and Spite Set in Brazil, the US and Spain
For Brazilians living in the United States, any American or foreigner who loves Brazil, a...

Read more

Olympic Torch, a Reminder that Brazilian Indians Are Facing Genocide
The Olympic torch is set to arrive on June 25 in a state in Brazil where the Guarani trib...

Read more

WikiLeaks Revelations Strongly Suggest US Is Behind Brazil President's Overthrow
On May 13, groundbreaking news was released about interim president of Brazil Michel Teme...

Read more

Brazil Calls Men Plotting a Terror Attack During...
Brazil Betting Foreign Olympic Tourists Will Want to...
Five Challenges to Visit Brazil Through the Eyes...
Brazil's Dual Legacy of Slavery and the Monarchy...
Brazil's Presidential Impeachment Sounds More Like a Political...
Brazil Scolds American Scientists for Calling for Forced...
A London Touch to Tour São Paulo
A Story of Sex, Suspense and Spite Set...
Olympic Torch, a Reminder that Brazilian Indians Are...
WikiLeaks Revelations Strongly Suggest US Is Behind Brazil...

Brazil's Furniture Industry Revises 2008 Growth Projection from 5% to 2.5%

Companies from Brazil that took part in the Index, the leading trade fair for furniture and decoration in the United Arab Emirates, held in Dubai last month, should close deals totaling US$ 6 million up until the first half of 2009.

This is the expectation of the Brazilian Furniture Industry Association (Abimóvel), which, in partnership with the Brazilian Export and Investment Promotion Agency (Apex-Brazil), took 36 companies to the event.

The Brazilian stand, occupying an area of 1,264 square meters, counted on the participation of companies in five different segments: high-end decoration, kitchens, padded items, furniture and decoration items. According to the Abimóvel, the Brazilian businessmen made excellent business contacts.

In a release issued by the organization, the president at Abimóvel, José Luiz Diaz Fernandez, stated that the institutional and commercial work yielded results by means of the strategy defined in partnership with the Apex and due to the products being presented in a segmented manner at international events.

From January to November, Brazilian furniture exports to the Arab market totaled US$ 11.5 million, representing growth of 26.4% compared with the same period of last year. According to information supplied by the Market Development department at the Arab Brazilian Chamber of Commerce, the Arab market went from the 19th destination for Brazilian sector exports, in 2007, to the 15th position in 2008.

Algeria was the leading Arab destination for Brazilian foreign sales of furniture, with imports of US$ 4.5 million from January to November, growth of 150% in comparison with the same period of last year. The United Arab Emirates rank second, with imports of US$ 4.2 million, followed by Saudi Arabia, with US$ 500,000.

According to the Market Development manager at the Arab Brazilian Chamber, Rodrigo Solano, Brazilian companies must innovate in order to be able to export to the Arab market, especially the Gulf countries, which seek furniture to decorate hotels and luxury buildings. "It is important to be aware of European and Chinese competition, which is gaining market share with each year," he stated.

The Brazilian furniture industry has revised its projection of growth in exports in 2008 down from 5% to 2.5% compared with last year, when foreign sales totaled US$ 1.1 billion. In order to promote sales next year, the Abimóvel is going to promote the Abimóvel Salon 2009, to be held from August 17 to 21, in the Anhembi Exhibition Pavilion, in the city of São Paulo.

Anba

Add comment


Security code
Refresh

Who's Online

We have 3226 guests and no members online

Statistics

Users
3
Articles
17217
Articles View Hits
127797305

----------

Make money with binary options

----------

Shop TOBI for Dresses, Tops, Blouses, and Outerwear

----------

Brazilian Human Hair

----------

Only useful paper writing tips Doing homework assignments isn't hard, all you need is our advices and help

----------

Sposamore Abiti da sposa e abiti da cerimonia economici online

Search