Key Market Indicators
Taiwan's fuel imports are projected to rise significantly, reaching approximately 3,820 cubic meters by 2028. This marks an increase from around 3,080 cubic meters in 2023, growing at an average annual rate of 3.4%. The demand for fuel in Taiwan has seen a notable surge, jumping by nearly 32% year on year since 1997. Conversely, Taiwan's fuel exports are expected to see a dramatic decline. By 2028, exports are forecasted to fall to roughly 21 cubic meters, down from about 139 cubic meters in 2023. This represents an average annual decrease of 28.8%. Since 1997, Taiwan's fuel supply has been on a downward trend, decreasing by approximately 24% year on year. The contrasting trends in fuel import and export highlight the shifting dynamics in Taiwan's energy sector.
