The forecasted data for biomass consumption in Brazil indicates a slight but consistent downward trend from 2024 to 2028. Starting from 65.93% in 2024, the consumption is expected to decrease gradually each year, reaching 65.23% by 2028. This represents a year-on-year percentage decrease of approximately 0.27% from 2024 to 2025, 0.27% from 2025 to 2026, and so forth.
In 2023, the actual value for biomass consumption stood at 66.10% of Domestic Material Consumption. Comparing this with 2024’s forecast, a notable initial decrease of around 0.26% is observed.
Considering the cumulative average growth rate (CAGR) over the five-year period from 2024 to 2028, the average annual decrease in biomass consumption stands at around 0.27%. This represents a steady decline over the period, indicating a subtle yet persistent reduction in the reliance on biomass.
Future trends to watch for:
- Developments in alternative energy sources and their adoption in Brazil.
- Government policies and incentives aim at promoting sustainable energy consumption.
- Technological advancements in biomass utilization that could alter its efficiency and consumption rates.
