Forecast: Output of Wholesale, Retail and Repair of Motor Vehicles and Motorcycles in Brazil

In 2023, the output of the wholesale, retail, and repair sectors for motor vehicles and motorcycles in Brazil stood at 1.54 trillion Brazilian Reals. Forecasts for 2024 indicate a rise to 1.6726 trillion, marking a 8.6% increase. The following years show a progressive growth: 2025 with 1.7379 trillion (3.9% increase), 2026 with 1.8026 trillion (3.7% increase), 2027 with 1.8666 trillion (3.5% increase), and 2028 reaching 1.93 trillion (3.4% increase). The compound annual growth rate (CAGR) from 2023 to 2028 is estimated at 4.64%.

Future trends to watch include:

  • Sustainability and green technology integration impacting vehicle and parts sales.
  • Potential economic fluctuations affecting consumer spending and credit availability.
  • Growing digitalization and e-commerce adoption in vehicle sales and parts distribution.

Top Countries about Wholesaling