The forecast for support on natural gas for transportation in Brazil reveals a declining trend from 2024 to 2028, with a continuous decrease in financial support from $295.39 million in 2024 to $282.01 million in 2028. This indicates a subtle decrement in emphasis on natural gas infrastructure for transportation in the country over the forecast period.
Year-on-Year Variation:
- 2025: -1.50%
- 2026: -1.24%
- 2027: -1.03%
- 2028: -0.84%
The compound annual growth rate (CAGR) from 2024 to 2028 predicts an average annual decline of 1.16% in investment.
Future trends to watch include potential shifts in focus towards renewable energy sources, changes in government policies affecting energy investments, and advancements in alternative vehicle technologies. These factors could significantly impact the future of natural gas as a transportation fuel in Brazil.