Fuel oil consumption in Sweden's domestic navigation fluctuated between 2013 and 2023, peaking notably in 2018. The trend shows significant decreases in 2014 (-4.53%) and 2015 (-45.34%), followed by a gradual rise and another sharp increase in 2018 (66.15%). From 2019 to 2022, the consumption varied, with significant reductions in 2019 and 2020 but a substantial rebound in 2022 (53.42%). As of 2023, the consumption reached 0.98424 Thousand Gigawatthours, reflecting a 5.35% year-on-year increase, with a recent 5-year CAGR of -2.66%.
Forecasts predict a steady rise in consumption reaching 1.05 by 2028, with a 5-year CAGR of 0.96% and an overall growth rate of 4.89%. Key future trends to watch include potential regulatory changes impacting fuel oil usage, technological advancements in navigation efficiency, and broader shifts towards renewable energy sources in maritime transport.