M&T Expo attracts 45,000 visitors

M&T Expo 2015, the largest construction equipment exhibition in Latin America, attracted 45,755 visitors, according to Sobratema, the Brazilian equipment manufacturers trade association which organised the event between 9 – 13 June in Sao Paulo.

Sobratema added that some 478 companies from 25 countries exhibited at the show.

These figures came despite a slowdown in the Brazilian and wider Latin American construction equipment market. Sales of construction equipment are estimated to be down by some -20% to -30% this year.

"Historically, the market value is close to BRL 15 billion (US $ 5 billion), but this year, the slowdown should see it closer to BRL 10 billion (US $ 3,300 million)," said Sobratema president Afonso Mamede.