Brazil Industry Reports

Brazil is a major player in the global metal processing sector thanks to the country's vast mineral resources and its integrated manufacturing industry. Bauxite and iron ore, the main inputs for aluminium and steel production respectively, are both ...

In the first quarter of 2023, the net revenue of Brazil's telecom industry stood at BRL 42.4bn, growing by 6.9% y/y and by 0.5% against the earnings generated in Q4 2022. Mobile telephony services (including mobile broadband services) accounted for ...

In Q1 2023, sales of new motor vehicles in Brazil stood at 471,775 units, decreasing by 21.61% q/q and increasing by 16.3% y/y. Passenger cars was the largest segment with a market share of 73.3% in Q1 2023, followed by light commercial vehicles and ...

According to the July 2023 Electricity Market Report by the International Energy Agency (IEA), electric power consumption increased by 2.3% y/y across the world during 2022, slightly below the annual average of 2.4% observed during the pre-pandemic ...

According to the Monthly Survey of Trade by Brazil's Statistics Office (IBGE), in June 2023, the retail trade sector in Brazil demonstrated a certain degree of stability, as sales volume only increased by 0.3% y/y during Q2 2023. However, when ...

In 2022, Brazil's automotive sector showed mixed signs of recovery from the negative effects of the COVID-19 pandemic. Motor vehicle output registered its second consecutive annual growth rate in 2022, albeit significantly below the pre-pandemic ...

In 2022, Brazil's electric energy sector recorded an installed capacity of 189,126.6 MW, an increase of 4.1% y/y, constituting the second largest expansion since the Energy Research Company (EPE) was founded in 2004. Renewable energy sources ...

The COVID-19 pandemic boosted the adoption of digital financial services, a shift that was particularly remarkable in Latin America. According to the Global Findex Database published by the World Bank, in 2017, Latin America lagged behind the global ...

In Q1 2023, total insurance premium incomes in Brazil saw an increase of 11.2% y/y to BRL 157.6bn. This rise was explained by the recovery of the economy, as GDP rose by 4% y/y in the quarter. Life insurance premium income went up by 6.7% y/y to BRL ...

In December 2022, the Brazilian Chamber of Construction Industry (CBIC) had forecast a growth of 2.5% y/y for construction in 2023, above the national economy growth rate for the third consecutive year. However, in April 2023, the CBIC lowered the ...