The value added in the construction of roads and railways sector in Brazil stood at 13.66 billion Brazilian Reals in 2023. Starting in 2024, the sector is forecasted to face a consistent decline, dropping from 13.18 billion to 11.76 billion by 2028. The year-on-year variations show a gradual decrease with an average compound annual growth rate (CAGR) of -3.51% over the forecast period. This downward trend indicates a potential slowdown in sector investment or infrastructure projects.
Future trends to watch for include:
- Government and private sector investment schemes which might impact sector growth.
- Emerging technological advancements that could drive efficiency and cost reductions.
- Policy changes influencing infrastructure development and spending.
- Macro-economic factors, such as inflation and currency fluctuations, affecting overall project costs.