Charles Thurston, Ink World Correspondent10.07.09
The Brazilian graphics market will be a wild card in 2002, industry analysts say, with growth estimated anywhere between 1 percent and 5 percent, depending on national, regional and global economics.
“For 2001, we expect that the Brazilian graphics market will show sales growth of 1 percent in reals (the national currency), although that would translate into a drop of 20 percent in dollar terms to $5.4 billion from $6.7 billion the year before, because of the devaluation this year,” said Antonio Lourensato, an economist at the national trade association, Associacao Brasileira da Industria Grafica, or Abigraf, in Sao Paulo.
“But with the Taliban turned back, the global market seems to be recovering. So depending on the fate of Argentina – facing a potential foreign debt default – and on our presidential elections next year, the graphics market could go to 5 percent growth,” Mr. Lourensato said.
Ink manufacturers and suppliers that are established i
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