The Brazilian Land Transport and Transport via Pipelines sector is forecasted to grow steadily from 2024 to 2028. In 2023, the sector's value was 164.5 billion Brazilian Reals. The forecasted growth indicates a positive trend, with year-on-year increases as follows: 3.0% in 2024, 2.98% in 2025, 2.82% in 2026, 2.7% in 2027, and 2.58% in 2028, resulting in a CAGR of approximately 2.82% over this period.
Future trends to keep an eye on include:
- The implementation of technology and infrastructure improvements which could accelerate growth.
- Potential regulatory changes impacting pipeline transport efficiencies.
- Economic factors influencing investment in transportation infrastructure.
- Environmental concerns and the shift towards greener transportation options.