In 2023, the final consumption of Liquefied Petroleum Gases (LPG) in the industry in Sweden was 349.49 thousand tonnes of oil equivalent. From 2024 to 2028, the values show a very modest increase, barely moving from 349.5 to 349.53 thousand tonnes of oil equivalent. This represents an almost negligible year-on-year growth of approximately 0.003 percentage points from 2024 onwards. Over the five-year period, the Compound Annual Growth Rate (CAGR) is essentially flat, showing a minimal increase that is likely not statistically significant.
Future trends to watch for:
- Technological advances in industrial processes that may improve energy efficiency and reduce LPG reliance.
- Regulatory changes or environmental policies that could promote alternative energy sources.
- Market dynamics such as supply chain disruptions or cost changes affecting LPG availability and pricing.