The refinery output for Gas Oil and Diesel Oil (excluding biofuel portion) in the Netherlands is projected to increase steadily from 23.34 million tonnes of oil equivalent (MTOE) in 2024 to 24.12 MTOE in 2028. This represents a consistent year-on-year growth of approximately 0.86% to 0.83% over this period. Importantly, the 2023 value stood at 23.15 MTOE, showing that the forecast, starting in 2024, indicates stable incremental growth.
Key points based on the variations:
- 2025 shows a 0.86% increase from 2024.
- 2026 shows a 0.81% increase from 2025.
- 2027 shows a 0.84% increase from 2026.
- 2028 shows a 0.79% increase from 2027.
- The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is roughly 0.83%.
Future trends to watch for include developments in biofuel technology, regulatory changes impacting diesel consumption, and shifts in global energy demand. These factors could significantly impact the projected refinery output, either enhancing growth or introducing new constraints. Monitoring these trends will be crucial for adjusting forecasts and strategic planning.
