In 2023, the turnover in Brazil's refined petroleum products sector was lower than 335.2 billion Brazilian Reals, as the number for 2024 represents forecasted growth. From 2024 to 2028, the sector is expected to grow steadily with regular year-on-year increases. The average compound annual growth rate (CAGR) over this period suggests a modest upward trajectory in the industry.

Future trends to watch for include:

Fluctuations in global oil prices, which could impact production costs and market stability.
Emerging renewable energy policies that might affect demand for refined petroleum in Brazil.
Technological advancements in refining processes potentially enhancing efficiency and output quality.
Geopolitical factors and trade dynamics influencing Brazil's export activities in the petroleum sector.