Construction in Brazil - Key Trends and Opportunities to 2023
ページ情報: 英文 47 Pages
当レポートでは、ブラジルの建設市場について分析し、市場全体の構造や将来展望、市場規模 (生産高・付加価値額) の推移と予測（過去5年間・今後5年間分）、各部門の詳細動向と代表的なプロジェクト、各種コスト (材料費・設備費・サービス費用) および活動内容 (新規建設、修理・整備、リフォーム、解体) の動向、今後解決すべき課題、今後の市場機会とリスク、代表的企業のプロファイルなどについて調査・推計しております。
The Brazilian construction industry suffered a downturn for a fifth year in a row in 2018, where it contracted by 2.5% in real terms, preceded by annual declines of 7.5% in 2017, 10% in 2016 and 9% in 2015. This decline can be attributed to economic slowdown and a fall in oil prices, which worsened the business environment in the country. Factors such as austerity measures adopted by the government to reduce the budget deficit and corruption allegations against politicians had an adverse impact on the construction industry. Consequently, the industry's output value measured at constant 2017 US dollar exchange rates declined from US$239.3 billion in 2014 to US$176.7 billion in 2018.
The industry is expected to remain sluggish in 2019, before recovering to an annual average rate of 2.3% in real terms during the latter part of the forecast period (2020-2023), driven by the government's efforts to improve the country's infrastructure and increasing investment in energy and manufacturing plants. The industry's output value in real terms is expected to post a compound annual growth rate (CAGR) of 1.75% over the forecast period, compared to -7.30% during the review period (2014-2018).
Accounting for 33.3% of the industry's total value in 2018, residential construction was the largest market in the industry during the review period. The market is expected to retain its position over the forecast period, driven by the government's plans to meet the increasing demand for housing in the country. Infrastructure construction accounted for 29.6% of the industry's total output in 2018, followed by energy and utilities construction with 16.8%, commercial construction with 9.1%, industrial construction with 7.4% and institutional construction with 3.9%.
The total construction project pipeline in Brazil including all mega projects with a value above US$25 million - stands at BRL2.2 trillion (US$597.8 billion). The pipeline, which includes all projects from pre-planning to execution, is skewed towards early-stage projects, with 57.4% of the pipeline value being in projects in the pre-planning and planning stages as of November 2019.
The report "Construction in Brazil - Key Trends and Opportunities to 2023" provides detailed market analysis, information and insights into the Brazilian construction industry, including:
This report provides a comprehensive analysis of the construction industry in Brazil. It provides -