Brazilian fuel market has followed its path of gradual recovery, with a growth of 4.8% in 2021 – but still 1.7% below pre-pandemic levels.

This recovery has been driven mainly by diesel, whose sales reached an all-time high of 62.1 billion liters in 2021 – pushed by the strong performance of agricultural, mining, civil constructing, and e‑commerce sectors.

The resumption of mobility in 2021 led to a robust growth of 9.4% in Brazilian gasoline consumption. In the other hand, hydrous ethanol sales declined 12%, influenced by high sugar prices in the international market and by the drop in the Brazilian sugarcane production.

With the advance of vaccination in Brazil and in the world, the aviation sector – and, consequently, the jet fuel demand – has gradually recovered in recent months, but still far below pre-pandemic levels. In early 2021, the spread of the Omicron variant has affected the aviation sector, albeit less intensely than in other waves.

Multiple increases in LPG prices throughout 2021 have affected its consumption in Brazil, especially in low-income families. Cooking gas sales decreased 1.1% last year, following a poor fourth-quarter.

EPE estimates that the Brazilian fuel market will keep its upward trajectory in 2022, exceeding pre-pandemic levels. In this February edition, we forecast that diesel sales will increase by 0.7%, gasoline sales will increase by 1.9%, hydrous ethanol will increase by 1.6%, jet fuel will increase by 30%, and LPG will increase by 0.9% in 2022.

Brazil's Short-Term Fuel Market Outlook is a bimonthly report of EPE that presents projections for monthly sales of petroleum products and biofuels in Brazil. This publication aims to reduce information asymmetry, favoring decision-making in the energy sector.

Click here and read the February 2022 edition.

Notícias Relacionadas

EPE launches Technical Note Impacts on Human Health of Biofuels Use in the São Paulo Metropolitan Region

05/05/2022 - ​Environmental air pollution generates relevant health problems that affect especially the portion of the population that lives in large urban centers. The World Health Organization (WHO, 2019) estimates that air pollution in cities and rural areas annually causes 4.2 million premature deaths worldwide (2016 data). This mortality is mainly due to exposure to particulate materials, small particles with a diameter of less than or equal to 2.5 micron (mm) (PM2.5), which are related to the occurrence of cardiovascular and respiratory diseases, as well as to several types of cancer

EPE publishes April 2022 Brazil’s Short-Term Fuel Market Outlook

08/04/2022 - Brazilian liquid fuel market continued its strong performance at the beginning of 2022 with an increase of 1.1% in January and February compared to the same period last year. This growth has been driven mainly by diesel and gasoline.

EPE publishes Technical Note “Wind farms at the end of expected lifetime: Current Status and Upcoming Options

08/02/2022 - By 2030, more than 50 wind farms will have exceeded 20 years of operation in Brazil. This period is equivalent to the useful life considered in the design stage of most wind turbines in operation in the country and corresponds to the duration of the wind power generation contracts in the regulated environment.

EPE publishes the "Atlas of Energy Efficiency in Brazil 2021 - Indicators Report"

07/02/2022 - The main objective of this document is to monitor the progress of energy efficiency in Brazil, through the use of indicators. In 2020 the first "Atlas of Energy Efficiency in Brazil - Indicators Report" was published - with analysis up to the year 2018. This work updates and complements, in a more condensed way, the first report with data up to the year 2020, consolidating the fifth cycle of EPE's work in the development of the database of energy efficiency indicators.

EPE and IEA publish “Pulp and Paper Industry in Brazil and in the World – an overview”

25/01/2022 - This is a joint publication of EPE (Energy Research Office) and IEA (International Energy Agency), with contribution from IBÁ (Brazilian Tree Industry), and presents a brief overview of the Pulp and Paper industry in Brazil and in the world. It is the starting point of a broad cooperation between these institutions to understand and track the progress of energy efficiency in this very important sector for Brazilian and global economy.