Search Results for: Brazil

The Brazilian textile sector has been increasing investment in digital printing, modernising its finishing to boost international competitiveness to offer near-sourcing services to American and European clients as western buyers review their China sourcing.

India-based business intelligence service Infinium Global Research, in a report sent to Digital Textile, said the Brazilian digital textile printing market was worth USD28.37 million in 2022, projected to rise to USD75.25 million by 2030.…

The Brazilian textile sector has been increasing investment in digital printing, modernising its finishing to boost international competitiveness to offer near-sourcing services to American and European clients as western buyers review their China sourcing.

India-based business intelligence service Infinium Global Research, in a report sent to Digital Textile, said the Brazilian digital textile printing market was worth USD28.37 million in 2022, projected to rise to USD75.25 million by 2030.…

Brazil could once again impose restrictions on the country’s strong tobacco leaf industry under the new centre-left administration of President Luiz Inácio Lula da Silva, who plans to reinstate a committee to target production to reducing smoking. The 77-year-old leader, who also governed between 2003–2010, so far is not allowing tobacco business leaders to take part in policy debates.…

South Asian clothing manufacturers are facing lean times, with international brands reducing or cancelling orders, but industry association leaders are looking towards a recovery by the end of this year. In major production hub Bangladesh, key purchasers from the USA and Europe have been cutting their order books as continuing high inflation depresses consumer demand and Russia’s invasion of Ukraine sharpens nervousness among corporates and investors.…

Food security concerns have driven China’s ministry of agriculture and rural affairs to push Chinese soy output in the past two years as growing tension with its main western trading partners – coupled with the inflationary impact of the invasion of Ukraine – has preoccupied officials at the ministry’s complex in the Tuanjiehu neighbourhood of Beijing.…

The European Union (EU) may this year complete a long-negotiated trade agreement with the South American Mercosur bloc, including major knitwear manufacturer Brazil and wool exporter Argentina. EU trade Commissioner Valdis Dombrovskis has said the ratification of a deal that was agreed in principle in 2019 should move a step closer “relatively soon”.…

Brazil’s economy has been either contracting or sluggish for the last decade, but the country’s strong dairy sector hopes this year could be different. With a new President in charge of the most populous South American nation since January 1, business leaders say exports could revive the industry, even if the local market continues to be in poor shape.…

Demand for US tobacco leaf is projected to remain robust, despite increased reluctance to use smoked products (worsened by concerns about respiratory disease prompted by Covid-19) and the ongoing China–US trade war launched by former US President Donald Trump.

Tobacco leaf was one of the Chinese export products hit by punitive US import duties of 25% imposed during 2019, with China responding in kind with additional 10% and 25% duties levied on US exports of tobacco leaf to China.…

Brazil’s biofuel industry is putting pressure on the country’s new President Luiz Inácio Lula da Silva to make significant reversals to the laissez-faire policies implemented by his right-wing predecessor Jair Bolsonaro to boost the domestic market in 2023. The sector is concerned about a sluggish economy, which the OECD says will grow just 1.2% in 2023 (inflation stands at 5.77% – January figures).…

 Alternative non-meat product sales may be growing in the USA, but more product innovation, including in ingredients, may be needed say experts, to persuade American consumers to continue embracing this segment rather than sticking to natural meat.

After robust sales growth was noted during the Covid-19 pandemic as US consumers experimented with new food products at home, concerns that this market expansion may be slowing appeared last year.…