The market is dominated by foreign suppliers, as imports account for 60.1% of total market size in 2022. Households drive market demand, with household spending representing 56.9% of total demand in 2022. Brazil has the second largest market size for television and radio receivers, sound and video recording devices regionally, with demand reaching USD8.3 billion in 2022. Samsung Electronics Co Ltd is the largest company in Brazil, generating 9.1% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 23.5% of total production value in 2022. The total number of companies decreases in 2022, to 523 units. The costs of the industry increase by 6.9% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 5.9% of production value in 2022, the 12th highest regionally. The industry’s exports share increases in 2022 to 5.2% of total production output. With production value of USD2.7 billion, Brazil accounts for 9.2% of the Latin America total in 2022.
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This Euromonitor industrial report provides unique information on Television and Radio Receivers, Sound and Video Recording Devices in Brazil: ISIC 323. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Television and Radio Receivers, Sound and Video Recording Devices in Brazil: ISIC 323 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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