Gas consumption in Brazil for years 2024 to 2028 indicates a slight decline, with values moving from 3.22 to 3.12 Billion Cubic Feet Per Day. This showcases a continuous drop in the consumption, with a minor year-on-year decrease. As of 2023, actual gas consumption stood marginally above 3.22 Bcf/day. Year-on-year changes reflect a consistent decline with an average Compound Annual Growth Rate (CAGR) indicating a gentle decrease of approximately 0.8% annually across the forecasted years.
Future trends to watch for:
- Impact of renewable energy advancements on gas demand.
- Government policies promoting energy efficiency.
- Potential economic growth influencing overall energy consumption patterns.
