The forecast for employment in Brazil's coke and refined products sector indicates substantial growth over the next five years. From 2024 to 2028, employment is expected to rise from approximately 311.8 thousand to 356.95 thousand employees, marking a steady increase. Comparing the 2024 forecast to 2023 figures, the data shows a trend of robust year-on-year growth, driven by more than a 3% annual increase. Over this five-year horizon, the compound annual growth rate (CAGR) is projected to average 3.4%.
Key trends to monitor in this sector include advancements in refining technologies, shifts in global oil prices, and regulatory developments concerning emissions and sustainability. These factors could impact future employment trajectories in the sector. Additionally, the sector's integration with renewable energy sources may influence job dynamics and industry innovation.
