The forecast for Brazil's value added in refined petroleum products and coke shows a consistent year-on-year increase from 2024 to 2028, with values rising from 94.64 billion BRL in 2024 to 124.81 billion BRL in 2028. Comparatively, this marks a percentage increase of roughly 8.08% annually. The compound annual growth rate (CAGR) from 2024 to 2028 indicates a steady upward trend, reflecting the sector's robust growth potential. It’s important to note that the actual value for 2023 wasn’t provided, hence changes relative to 2023 cannot be explicitly identified.
Future trends to watch for include potential fluctuations in global oil markets, regulatory changes impacting production, and advancements in refining technology. Additionally, Brazil's economic conditions and energy policies will significantly influence the trajectory of this sector.
