Most entrepreneurs report that there was an increase in the cost of inputs and raw materials
More than 40% of Brazilian companies felt negative impacts related to the conflict in Ukraine, according to a survey carried out by the CNI (National Confederation of Industry). Here’s the intact of the search.
The survey was divided between entrepreneurs in the extractive industry and construction. Among the negative impacts indicated are the increase in energy costs (58% in the extractive and manufacturing industry and 72% in construction), raw materials (64% and 61%) and interest rate growth (21% and 33%) .
Regarding the future impacts of the trade war, 42% said they do not expect impacts on operations in the next 6 months, while 58% of entrepreneurs expect less intense effects.
According to the survey, the rise in inputs, raw materials and products caused negative impacts on some trade sectors.
Entrepreneurs in the biofuels industry said that 83% of inputs were more expensive than expected in recent months. For manufacturers of rubber products, the figure reached 86%.
The increase was also indicated in vehicle manufacturers, cleaning plants, perfumery, clothing, machinery and in the beverage industry.
The increase in the cost of imported inputs was also indicated. The research shows that the increase reached 94% in rubber production. Chemical industries, metallurgy and civil construction also indicated an increase of more than 70% in imports.
Companies also reported delays in deliveries of imported inputs and raw materials.
The solution sought is to seek alternative and, preferably, national suppliers. The survey says that 40% of companies in the extractive and transformation industry are looking for a preference for Brazilian suppliers, while 29% are still looking for alternatives outside the country.
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