The forecasted imports of pure biodiesels in Denmark show a steady increase from 2024 to 2028. The figures indicate a gradual rise from 307.37 thousand metric tons in 2024 to 338.26 thousand metric tons in 2028. This reflects a compounded annual growth rate (CAGR) over these five years. By looking at year-on-year percentage variation, there are consistent increases each year, suggesting a robust and ongoing demand for biodiesels in Denmark.
Key variations:
- Year-on-year increase from 2024 to 2025: 2.53%
- Year-on-year increase from 2025 to 2026: 2.45%
- Year-on-year increase from 2026 to 2027: 2.38%
- Year-on-year increase from 2027 to 2028: 2.33%
Given that the imports in 2023 stood at a reported actual value, the five-year CAGR highlights a sustainable upward trend in the import volumes.
Future trends to watch for include potential shifts in governmental policies towards renewable energy, advancements in biodiesel technology, and fluctuations in fossil fuel availability and prices. Monitoring these factors could further impact the import volumes and industry dynamics through 2028.
