AFRY：2024-2025巴西纸浆与造纸行业全景报告（英文版）（13页）.pdf

1、23GUIA ABTCP FORNECEDORES&FABRICANTES CELULOSE E PAPEL ABTCP GUIDE OF PULP AND PAPER MANUFACTURERS AND SUPPLIERS2024/2025PANORAMA SETORIALSECTOR OVERVIEWEconomic Overview-2024According to the World Bank,the global economy is stabilizing despite challenges such as the pandemic,restrictive monetary po

2、licies,and geopolitical uncertainties.The U.S.economy exceeded expectations in the first half of 2024,allowing the Federal Reserve(FED)to signal the first interest rate cut since 2022.In China,the real estate crisis continues to inhibit domestic consumption,with its economy converging toward the glo

3、bal average by the end of this decade.The World Bank predicts a global expansion between 2.6%and 2.7%for 2024-25,lower than the 3.1%average for the 2010-2019 period.The forecast is for inflation to continue falling slowly and for commodity prices to remain stable.The bank projects a global growth of

4、 2.6%in 2024,with a slight increase to 2.7%in 2025 and 2026.However,the intensification of armed conflicts,economic fragmentation,extreme climatic events,and political crises that cause migratory diasporas may alter the scenario projected by the institution.Global Outlook of the Pulp Industry-2024In

5、 the first half of 2023,the global pulp industry had to make adjustments in response to slowing demand,excess supply,persistent cost pressures,and rising uncertainties,with fiber prices falling in key markets.By:Manoel Rodrigues Neves Economic Studies Manager-AFRYMaurcio Porto Sr.Market Consultant-A

6、FRYThoms Cairo Economic Studies Analyst-AFRYBRAZILS PULP AND PAPER INDUSTRY Figure 1.Contribution to global growth(2010 2026e)Source:World Bank Overview of the Pulp and Paper Market24GUIA ABTCP FORNECEDORES&FABRICANTES CELULOSE E PAPEL ABTCP GUIDE OF PULP AND PAPER MANUFACTURERS AND SUPPLIERS2024/20