Gas consumption in Brazil is expected to decline gradually from 2024 through 2028. Starting with 1.2 Exajoules in 2024, it drops to 1.16 Exajoules by 2028. The year-on-year percentage change reveals a consistent decrease, approximately reflecting a negative trend in consumption. Considering the Compound Annual Growth Rate (CAGR) over these years, the average annual decline is moderate, indicating a steady reduction in demand.
Future trends to watch for:
- Potential shifts in energy policy towards renewable energy sources may further impact gas consumption.
- Economic fluctuations and industrial growth or decline could affect future gas demand.
- Technological advancements in energy efficiency could influence consumption patterns.