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

The forecast for the number of employees in Brazil's refined petroleum products sector indicates a declining trend from 2024 to 2028, decreasing from 49.17 thousand employees in 2024 to 45.88 thousand employees by 2028. In 2023, the sector employed more than 49.17 thousand individuals. The year-on-year decline is approximately 1.7% over the observed period, with a compound annual growth rate (CAGR) of -1.71% from 2024 to 2028, showcasing a consistent reduction in workforce numbers.

Future trends to watch for include:

  • Technological advancements potentially leading to more automated processes, further impacting employment.
  • Environmental policies and shifts toward renewable energy affecting the demand for refined petroleum products.
  • Global market dynamics, including oil price fluctuations, influencing sector stability and employment levels.

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