In 2023, Brazil's imports of natural gas in a gaseous state stood at approximately 1.2 billion US dollars. The forecasted data indicates a gradual decline in import value, dropping to 1.1522 billion US dollars in 2024 and continuing downward to 0.94144 billion US dollars by 2028. This represents a compound annual growth rate (CAGR) of around -4.03% over these five years. Year-on-year, the trend shows consistent decreases: a decline of about 4.71% from 2024 to 2025, 4.84% from 2025 to 2026, and a larger reduction of 5.14% between 2026 and 2027.
Future trends to watch include Brazil's increased investment in renewable energy sources which could further influence the natural gas import landscape. Additionally, monitoring global gas prices and supply chain dynamics will be crucial as they can heavily impact import volumes and costs.
