The share of fossil fuels in Brazil's total domestic material consumption was 3.10% in 2023. Forecasted data for 2024 suggests a slight decline to 3.06%, indicating a minor year-on-year decrease of approximately 1.29%. The data projects a continued gradual decline through 2028, ending at 2.93%. The compound annual growth rate (CAGR) over this period indicates a modest average yearly decrease.

Future trends to watch for include:

Brazil's ongoing commitment to renewable energy, potentially accelerating this downward trend.
Policy changes or technological advancements that could further influence the consumption of fossil fuels.
Global shifts in energy markets impacting domestic consumption patterns.