In 2023, Brazil's gas production stood at 22.57 billion cubic meters, marking a decline from the previous year's 22.98 billion cubic meters. The year-on-year variation from 2022 to 2023 was -1.81 percent. Over the last five years, the average annual variation, measured as CAGR, was -2.15 percent. This indicates a generally declining trend post-2017, where production had peaked at 27.18 billion cubic meters.

Looking forward:

Forecasts indicate continued declines in gas production, with projected values falling to 20.17 billion cubic meters by 2028.
The forecasted five-year CAGR from 2024 to 2028 is -1.67 percent, projecting an overall decrease of 8.1 percent over this period.

Future trends to watch:

Environmental policies and regulations affecting gas production.
Technological advances in extraction and production processes.
Energy transition trends and the shifting focus towards renewable energy sources.