The turnover in the coke and refined products sector in Brazil is projected to see steady growth from 2024 through 2028, increasing from 436.83 to 486.21 billion Brazilian Reals. In 2023, the sector stood at approximately 425 billion Brazilian Reals. This indicates a compound annual growth rate (CAGR) of around 2.70% over the five-year period. The year-on-year growth remains stable, reflecting the sector's resilience and consistent demand for refined products.
Future trends to watch for:
- Potential impacts of global oil market fluctuations on refined product pricing.
- Increased focus on sustainable and renewable fuel alternatives.
- Regulatory changes affecting the coke and refined products industry.
