Forecast: Number of Establishments in Refined Petroleum Products Sector in Brazil

The number of establishments in the refined petroleum products sector in Brazil shows a noticeable downward trend from 2024 to 2028. In 2023, the sector stood at a higher level, indicating a continuing decline over the forecasted years. The year-on-year decrease reflects a consistent reduction in the number of establishments with an annual average decline rate (CAGR) that highlights a persistent contraction.

Future trends to watch for include potential market consolidation, regulatory impacts, and shifts in energy demand as Brazil explores renewable energy sources. These factors could further influence the sector's structure and establishment numbers in coming years.

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