Key Market Indicators
Brazil's vehicle registration is projected to drop by an average of 1.5% from 2021 to 2026, from 2,089,200 units to 2,062,700 units. Since 2010, the market has grown at a rate of 0.4% year on year. Vehicle production in Brazil is expected to decrease by an average of 0.3% from 2021 to 2026, going from 2,650,700 units to 2,648,200 units. Since 2002, the supply has increased by 4.2% year on year. In 2021, Brazil was the ninth largest producer, with Spain being the top producer at 2,650,700 units. The US, Japan and India took second, third and fourth places respectively.
Brazil Automotive Market Data and Forecasts
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