The forecast data for liquefied petroleum gases (LPG) available for final consumption in Norway from 2024 to 2028 indicates a consistent value of 7.02 thousand gigawatt-hours each year. This uniform value suggests no year-on-year variation from 2024 to 2028, implying a stable LPG consumption forecast for the next five years.
Based on historical data and considering we are currently in 2024, it is necessary to observe where LPG consumption stood in 2023 to provide a comparison. Unfortunately, this data set does not include the 2023 value, making it challenging to calculate the exact variation percentages over the last two years or the last CAGR. Therefore, trends and variations over the last two years and the last 5-year average variation per year cannot be accurately detailed with the given data.
Future trends to watch for include:
- Changes in energy policies both locally and globally that may affect LPG consumption.
- Technological advancements in energy efficiency and alternative energy sources potentially impacting LPG demand.
- Economic factors and industry shifts that influence the overall energy market and LPG's role within it.
- Environmental regulations and proactive measures toward sustainability that could affect LPG consumption patterns.