The gross income of land transport and transport via pipelines in Brazil stood at 28.85 billion Brazilian Reals in 2023. Between 2013 and 2023, the data shows significant fluctuations, including drops in 2014, 2015, and 2017, but also notable growths in 2016, 2018, and especially in 2019 with an increase of 18.62%. The COVID-19 pandemic caused a 10.07% decline in 2020, but a steady recovery followed, with a 5.87% uptick in 2022 and a 4.62% growth in 2023. Over the past five years, the Compound Annual Growth Rate (CAGR) was approximately 2.58%.
Looking forward, projections indicate continued growth with a 1.78% CAGR for the next five years, leading to a gross income of 32.28 billion Brazilian Reals by 2028. This represents a total growth of 9.24% from 2023 to 2028.
Future trends to watch for include:
- Technological advancements in transportation infrastructure.
- Government policies affecting transportation and pipeline sectors.
- Global economic conditions influencing trade and logistics.
- Investments in sustainable and efficient transport solutions.
- Potential impacts of geopolitical events on international pipeline operations.