In 2023, Brazil's import of Petroleum Gases and Other Gaseous Hydrocarbons stood at approximately 3.1462 billion US dollars. Analysis of the forecasted data from 2024 to 2028 shows a consistent decline in import values, starting at 3.0922 billion US dollars in 2024 and decreasing to 2.889 billion US dollars by 2028. The year-on-year variation shows a steady decline: -1.7% (2024-2025), -1.7% (2025-2026), -1.7% (2026-2027), and -1.7% (2027-2028). The compound annual growth rate (CAGR) over the forecasted period is approximately -1.7%, indicating a gradual reduction in imports over the next five years.
Future trends to watch for include potential changes in Brazil's energy policies, shifts in global energy markets impacting pricing and trade, and investments in alternative energy sources which may further reduce dependency on imported petroleum gases.
