Food industry revenue ends 2021 up 17%

Food industry revenue ends 2021 up 17%

The Brazilian food industry ended 2021 with revenues of R$ 922.6 billion, a result 16.9% higher than that recorded in 2020. The amount represents 10.6% of the Gross Domestic Product (GDP) estimated for last year . The data, released today (15), are from the Brazilian Food Industry Association (Abia).Food industry revenue ends 2021 up 17%

According to the survey, sales in the sector in 2021 grew 3.2% and production, 1.3%. Considering only sales to the domestic market, which represent 73.5% of sales, the increase was 1.8%. Exports, which represent 26.5% of revenues, increased by 18.6% and reached a record level of US$ 45.2 billion.

“The advance of vaccination and the return of the service sector contributed decisively to the expansion of production, with positive generation of employment and income in the sector. The demand for food kept growing in Brazil and in the world, which made the companies keep production at full steam, and hiring manpower”, highlighted the executive president of Abia, João Dornellas.

The Brazilian food industry also increased the number of workers hired in 2021, 1.2% more than in 2020, totaling 1.72 million people, or 21,000 new jobs.

Source link

Leave a Reply

Your email address will not be published.

Previous Story

They arrest a subject denounced for harassing the mayor of Quinta Normal, Karina Delfino

Next Story

New reality: 40% of SMEs migrated to hybrid-remote work

Latest from Brasil