From 2013 to 2023, the exports of Gas Oil and Diesel Oil from the Netherlands exhibited fluctuations with notable decreases in 2014, 2015, 2018, and 2019, interspersed with slight recoveries. The year-on-year variation in 2023 stood at 1.65%, holding steady from 2022’s increase. The compound annual growth rate (CAGR) over the last five years (from 2019 to 2023) registered a positive 1.29%, indicating a slow but steady recovery.
Future trends to watch for:
- The forecasted data from 2024 to 2028 suggests a gradual increase in export volumes, with a forecasted 5-year CAGR of 1.2%, and an overall forecasted growth rate of 6.16%, pointing towards moderate growth in the medium term.
- It is essential to monitor geopolitical factors, changes in global oil demand, and advancements in alternative energy sources, as these could significantly impact future export trends.
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