B2B drives market demand, with B2B spending representing 69.5% of total demand in 2023. Ultrapar Participações SA is the largest company in Brazil, generating 18.3% of the industry’s total turnover value in 2023. The industry is fragmented, with the top five companies generating 42.4% of total production value in 2023. The total number of companies increases in 2023, to 1,209,439 units. The costs of the industry increase by 6.3% in 2023, largely driven by rising labour costs. The industry’s profitability increases and stands at 26.6% of turnover in 2023, the 13th highest regionally. With turnover of USD43.5 billion, Brazil accounts for 28.0% of the Latin America total in 2023.
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This Euromonitor industrial report provides unique information on Sale, Maintenance and Repair of Motor Vehicles, Retail Sale of Automotive Fuel in Brazil: ISIC 50. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Sale, Maintenance and Repair of Motor Vehicles, Retail Sale of Automotive Fuel in Brazil: ISIC 50 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of retail, sale, maintenance and repair of motor vehicles, retail sale of automotive fuel, and wholesale trade.
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