Date: February 11 –14, 2020
Venue: Carapina Centro- Espirito Santo – Vitoria – Brazil
Organizer: Vitoria Stone Fair
Vitoria Stone Fair 2019 Details:
Participants: 46 countries including China, Turkey, Italy, Oman, Kuwait, etc.
Foreign Attendance: 1925
Countries with Pavilions: China, Turkey, Italy
Number of Halls: 4
10 years before the global financial crisis, from 1999 to 2008, Brazil’s GDP grew at an average rate of 3.4% annually. This growth was due to the global demand for Brazilian goods. After the significant growth of Brazil in 2007 and 2008, due to the decline in global interest in Brazilian goods and reduced foreign credit, the economy experienced a 0.3% recession. However, Brazil experienced a 7.5% hike in the economy the next year which was a 25-year high. Since then, the growth rate for 2011 until 2013 has been 2.1% annually. The rate slowed down due to increased inflation.
However, Brazil has been able maintain its position among the top 10 world economies. According to predictions, Brazil is expected to experience a 2.3% GDP growth in 2019 and reach a 2 trillion Dollar GDP.
State of Stone in Brazil
Finally Latin American countries have reached a stable and continuous growth, even countries like Argentina that experienced a shock last year. Mexico has turned into the final destination of every stone exports executive now. Stone salesmen from other countries definitely have a ticket to travel to Latin America. And the destinations now include Bogota, Lima, Santo Domingo, Panama and others, but not Caracas.
With the new government in power, more optimism prevails in Brazil. But some time is needed before construction increases in the country. Local companies remind one of this difference. Currently Brazilians are traveling everywhere, especially to the United States. But now they improve their capabilities to more complex stone products and not just slabs.
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