The import of Liquefied Natural Gas (LNG) to Brazil has experienced significant volatility from 2013 to 2023, with notable fluctuations year-on-year. The actual data indicate a sharp decline from 2015 to 2020, followed by a relatively stable period from 2020 to 2023. Specifically, in 2023, the import value stood at 0.7637 Billion USD, reflecting a slight decrease of -2.67% from the previous year. The average annual variation (CAGR) over the last five years was -3.71%.

For the forecasted period from 2024 to 2028, the trend suggests a gradual decrease in imported LNG values, with an expected average annual decline (CAGR) of -2.44%. The overall reduction over the next five years is anticipated to be -11.64%.

Future trends to watch for:

Potential shifts in global LNG prices and their impact on Brazil's import decisions.
Brazil's increased investment in renewable energy sources potentially reducing reliance on LNG imports.
Domestic policy changes affecting the energy sector and LNG import regulations.