The volume of Liquefied Petroleum Gases (LPG) available for final consumption in Sweden is steadily increasing from 1.16 million tonnes of oil equivalent (Mtoe) in 2024 to 1.22 Mtoe by 2028. Compared to 2023, where the volume was 1.15 Mtoe, the forecasted annual growth rate reveals a gradual upward trend.
Year-on-year variations indicate the following increases: from 2024 to 2025, a rise of 0.86%; from 2025 to 2026, an increase of 1.71%; from 2026 to 2027, a modest uptick of 0.84%, and from 2027 to 2028, an escalation of 1.67%. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) stands at approximately 1.03%.
Future trends to watch for include advancements in energy efficiencies, shifts in consumer demand, potential regulatory changes, and developments in alternative energy sources, all of which could impact the consumption patterns of LPG in Sweden.