Forecast: Total Support on Natural Gas for All Beneficiaries or Sectors in Brazil

The support for natural gas in Brazil shows a notable declining trend from 2024 onwards, with values forecasted at $853.58 million in 2024 and decreasing to $408.73 million by 2028. Compared to the standing of $960 million in 2023, there is an evident decrease each year: a reduction of approximately 13.2% from 2023 to 2024, 13.2% from 2024 to 2025, 15.1% from 2025 to 2026, 17.6% from 2026 to 2027, and 21.1% from 2027 to 2028. The compound annual growth rate (CAGR) from 2023 to 2028 is expected to be -15.2%, indicating a consistent downtrend.

Future trends to watch:

  • Shifts in government policy on natural gas subsidies as Brazil transitions to renewable energy sources.
  • Impact of potential overseas investments in Brazilian energy infrastructure on market forecasts.
  • Technological advancements and their influence on energy efficiency and consumption in the natural gas sector.

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