Evolution & overview of the Brazilian autoparts sector
The Brazilian automotive parts sector has dropped dramatically in turnover, from US$ 34 billion in 2014 to US$ 18 billion in 2017, which represents a decrease of 67% compared to 2011 when the industry achieved record sales figures. Use of capacity dropped continuously over the past 6 years, reaching 66% in 2017 and labour costs increased from 19% to over 22% over the last 10 years. The trade balance remained negative but with a mild increase to a deficit of US$ 4.8 billion FOB in 2017. The industry is highly concentrated both in Brazil and worldwide, with the 28% largest groups holding over 84% of sales in the country.
This report discusses the subject market’s geographic footprint, main products and services, Brazilian players and prices per category to the end consumer.