In 2023, the fuel oil refinery output in Sweden stood at 53.68 Thousand Gigawatthours. The forecasted values indicate a consistent upward trend from 2024 to 2028. Specifically, the output is projected to be 54.23 in 2024, 54.81 in 2025, 55.38 in 2026, 55.94 in 2027, and 56.50 Thousand Gigawatthours in 2028. Year-on-year percentage variations show a steady increase: 1.03% from 2024 to 2025, 1.04% from 2025 to 2026, 1.02% from 2026 to 2027, and 1.00% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over these five years is approximately 1.02%.
Future trends to watch for could include technological advancements in refinery processes, fluctuations in global oil prices, and Sweden's policies on sustainable energy and emissions. Additionally, any changes in geopolitical scenarios could impact the refinery output forecasting. Monitoring these factors will be crucial for anticipating shifts in the fuel oil refinery sector in Sweden.
