The historical data on Fuel Oil Imports to Denmark reveals significant fluctuations over the past decade, with notable peaks in 2015 and 2020, and a dramatic drop in 2017. The year-on-year variation shows sharp contrasts, peaking at a 71.29% increase in 2013, followed by a significant drop of 71.09% in 2017. In 2023, fuel oil imports stood at 100.59 thousand Terajoules, growing by a modest 1.33% year-on-year, indicating stabilization. The last recorded 5-year CAGR was 6.62%.

Forecast data from 2024 to 2028 indicates moderate growth, with a forecasted CAGR of 0.98% and an overall growth rate of 5.02% over the five years. Key points to watch include:

Gradual increase in imports from 2024 through 2028, indicating a stabilizing trend.
Potential impact of global energy policies and shifts towards renewable energy sources on Denmark’s fuel oil imports.
Economic and geopolitical factors influencing supply chain dynamics and pricing.