The market is dominated by domestic suppliers, as imports account for 16.3% of total market size in 2023. Households drive market demand, with household spending representing 77.8% of total demand in 2023. Brazil has the second largest market size for fishing regionally, with demand reaching USD4.9 billion in 2023. Netuno International SA is the largest company in Brazil, generating 1.3% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 5.0% of total production value in 2023. The total number of companies increases in 2023, to 297,409 units. The costs of the industry increase by 7% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 46.7% of production value in 2023, the highest regionally. The industry’s exports share increases in 2023 to 3.9% of total production output. With production value of USD3.9 billion, Brazil accounts for 16.9% of the Latin America total in 2023.
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This Euromonitor industrial report provides unique information on Fishing in Brazil: ISIC 5. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Fishing in Brazil: ISIC 5 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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