The market is dominated by domestic suppliers, as imports account for 15.1% of total market size in 2023. B2B drives market demand, with B2B spending representing 91.4% of total demand in 2023. Brazil has the largest market size for weapons and ammunition regionally, with demand reaching USD956 million in 2023. Forjas Taurus SA is the largest company in Brazil, generating 29.9% of the industry’s total production value in 2023. The industry is concentrated, with the top five companies generating 50.2% of total production value in 2023. The total number of companies increases in 2023, to 8,676 units. The costs of the industry increase by 12.8% in 2023, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 2.1% of production value in 2023, the 13th highest regionally. The industry’s exports share increases in 2023 to 31.5% of total production output. With production value of USD1.0 billion, Brazil accounts for 56.9% of the Latin America total in 2023.
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This Euromonitor industrial report provides unique information on Weapons and Ammunition in Brazil: ISIC 2927. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Weapons and Ammunition in Brazil: ISIC 2927 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of general purpose machinery and special purpose machinery.
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