Key Market Indicators
Brazilian energy consumption is projected to reach approximately 14.5 exajoules by 2028, up from 13.6 exajoules in 2023. This marks a steady average annual growth rate of 1%. Historical data shows that since 1970, Brazil's energy demand has risen by an average of 1.7% each year. In the global rankings for 2023, Brazil held the 7th position, with Canada slightly ahead at 13.6 exajoules. The top spots in the ranking were taken by the United States, India, and Russia, occupying the 2nd, 3rd, and 4th positions respectively.
