In 2023, Brazil's number of establishments in the retail sale of automotive fuel in specialized stores was below 40.88 thousand. From 2024 onwards, the forecast depicts a steady growth pattern from 40.88 thousand to 42.67 thousand establishments by 2028. The year-on-year growth rate is consistent, signifying a stable expansion of around 1% annually. The compound annual growth rate (CAGR) over the five-year period stands at a modest 1.07%, reflecting slow but steady development within the sector.
Future trends to watch for:
- Technological advancements in automotive fuels and retail, potentially impacting service models and store requirements.
- Regulatory changes, which may influence the number and operation of establishments within this sector.
- Shifts in consumer preferences towards alternative fuels affecting traditional fuel retail structures.