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Reasonable performance of Chemical industry

10 Dec '07
3 min read

Comparatively, in the USA (largest chemical industry in the world), the sector's participation in the GDP is of approximately 2%. Taking into account the entire Brazilian industrial matrix, according to the IBGE, the chemical segment is ranked second, answering for close on 12% of the transformation industry's GDP.

The chemical industry participates actively in nearly all industrial chains and complexes, including services and agriculture, playing an important role in the development of the Country's various economic activities. According to data recently revised by the IBGE, the chemical industry's contribution to the total GDP was of 3.1%, in 2006.

Comparatively, in the USA (largest chemical industry in the world), the sector's participation in the GDP is of approximately 2%. Taking into account the entire Brazilian industrial matrix, according to the IBGE, the chemical segment is ranked second, answering for close on 12% of the transformation industry's GDP.

Chemical products for industrial use, with total net sales of R$ 98.7 billion, equivalent to US$ 45.4 billion, were responsible for 55.6% of the total net sales for the industry, in 2006. The pharmaceutical products segment, with sales of R$ 23.8 billion (or US$ 10.9 billion), answered for 13.3%.

The remaining segments together, accounted for 31.1% of the total. In the period comprising 1990 to 2006, the perfumes and cosmetics, pharmaceutical products and crop protection segments, are noteworthy, inasmuch as they have achieved average annual growth rates, for the last 17 years, of over 8.0%.

The SDI sample represents, approximately, 65% of the total net sales for Brazilian chemical products for industrial use. In 2006, the production of the 182 products listed in the SDI panel was 38,826.6 thousand tons, 5.7% over the figures recorded for the previous year. Total sales came to some 38,512.5 thousand tons (or 5.9% more than the sales recorded in 2005), for an amount equivalent to US$ 28.6 billion (or 15.2% higher than the sales for the previous year). The exported volume evidenced a growth of 3.1%.

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ABIQUIM - Brazilian Chemical Industry Association

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