Forecast: Share in Total Domestic Material Consumption of Biomass in Brazil

The share of biomass in Brazil's total domestic material consumption is projected to slightly decline from 63.87% in 2024 to 63.25% by 2028. In 2023, the material consumption stood at 64.02%. This trend indicates a gradual reduction in the reliance on biomass over the forecast period, reflecting a year-on-year decrease by an average of 0.2%. The compound annual growth rate (CAGR) over the five years is notably negligible, highlighting a steady, slight downturn in biomass consumption's share.

Future trends to watch for include potential shifts in Brazil’s energy policy towards more diversified sources, technological advancements in material efficiency, and changes in agricultural practices that could influence biomass production and consumption patterns. Additionally, global sustainability initiatives might accelerate a transition to alternative materials, affecting biomass demand.

Top Countries about Bioenergy