The market is dominated by domestic suppliers, as imports account for 10.0% of total market size in 2023. Households drive market demand, with household spending representing 82.0% of total demand in 2023. Brazil has the third largest market size for jewellery and related articles regionally, with demand reaching USD1.2 billion in 2023. Jóias Vivara Ltda is the largest company in Brazil, generating 22.8% of the industry’s total production value in 2023. The industry is concentrated, with the top five companies generating 51.3% of total production value in 2023. The total number of companies decreases in 2023, to 36,881 units. The costs of the industry increase by 1.9% in 2023, largely driven by rising labour costs. The industry’s profitability increases and stands at 35.3% of production value in 2023, the 11th highest regionally. The industry’s exports share decreases in 2023 to 16.2% of total production output. With production value of USD618 million, Brazil accounts for 9.1% of the Latin America total in 2023.
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This Euromonitor industrial report provides unique information on Jewellery and Related Articles in Brazil: ISIC 3691. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Jewellery and Related Articles in Brazil: ISIC 3691 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Household Goods is an aggregation of Furniture, Jewellery and Related Articles, Musical Instruments; Imitation Jewellery, Brushes and Other Personal Items, Sports Goods, Toys and Games, Watches and Clocks.
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