Forecast: Production in Wholesale and Retail Trade and Repair of Motor Vehicles and Motorcycles Sector in Brazil

In 2023, the sector of Wholesale and Retail Trade and Repair of Motor Vehicles and Motorcycles in Brazil stood at approximately 80.30 Billion Brazilian Reals. Forecasted data indicates a consistent decline from 2024 to 2028, with values expected to decrease from 75.92 Billion Brazilian Reals in 2024 to 58.83 Billion in 2028. Year-on-year, the sector is projected to contract by approximately 5.8% by 2025 and by around 6.0% by 2026. The compound annual growth rate (CAGR) from 2024 to 2028 is anticipated to show a negative trend, depicting an average annual decrease of about 6.0%.

Future trends to watch for:

  • An increased emphasis on electric vehicles (EV) could alter trade dynamics significantly.
  • Evolving consumer preferences towards shared mobility could reduce demand for vehicle ownership.
  • Supply chain disruptions might further affect production and trade volumes adversely.

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