With a territorial extension of 8,516,000 km², Brazil is the largest country in Latin America and has a population of 214,562,845 inhabitants. E-commerce, is the main field with growth highlight in recent years, mainly caused by restrictions due to the COVID-19 pandemic, it grew 27% in 2021, totalling R$182.7 billion in sales.
The number of new consumers also increased by an average variation of 39% in the last 2 years. Based on NielsenIQ data, food and beverage categories stood out in the market, with a 107% change in growth. 68% of Brazilians made purchases on foreign websites in 2021.
The Southeast region formed by São Paulo, Minas Gerais, Rio de Janeiro and Espírito Santo, contributed 58% to the growth of e-commerce in Brazil in the last year, compared to 21% in 2020. The South (18%) and Northeast (12%) regions appear as the second and third regions that most contributed to the movement of Brazilian electronic commerce.
Brazil currently has 679 logistics and industrial condominiums with a total stock of 28,321,778.78m². Construction activity in the country is 4,057,033.35m² and the national vacancy rate is 11.82%.
Warehouses and Logistics Condominiums market in the state of São Paulo
In the last two years, the variation in the vacancy rate in São Paulo was 4.37%. In the first quarter of 2020, the average rate recorded was 18.10%. Since the fourth quarter of 2020, the market for warehouses and logistics and industrial condominiums recorded the lowest vacancy rates for the first time.
With heated demand, construction activity jumped 37.43% since the first quarter of 2020. The total inventory increased by 14.77% in the same period, reaching 15,532,586.49m² in the first quarter of 2022.
Given this scenario, properties with strategic locations and high standards of quality will stand out in the market.