The sulfur production at petroleum refineries in Brazil has exhibited fluctuating trends over the past decade. From 2013 to 2019, there was stability with occasional minor dips. A significant drop in 2020 by 14.27% interrupted the overall trend. The recent period (2021-2023) shows a recovery with year-on-year growth rates of 22.97%, 1.98%, and 1.91%, respectively, achieving 262.96 thousand metric tons in 2023.
The Compound Annual Growth Rate (CAGR) over the last five years was modest at 1.84%. Future projections suggest a continued moderate increase with a five-year CAGR of 1.47%, forecasting production levels to reach 288.65 thousand metric tons by 2028, implying a total growth rate of 7.56% from 2023 to 2028.
Future trends to watch for include technological advancements in refinery processes, which could improve efficiency and sulfur recovery rates, and regulatory changes impacting sulfur production. Environmental policies and market demand for sulfur byproducts are also critical factors to monitor.
