The refinery output of liquefied petroleum gases in Finland displayed significant fluctuations from 2013 to 2023, reaching 326.74 thousand tonnes of oil equivalent in 2023. Notably, a 3.16% increase was observed from the previous year, 2022. The forecast period from 2024 to 2028 shows minimal growth, with a projected 5-year CAGR of 0.01%.
Key trends include:
- 2013-2018: Frequent fluctuations with both sharp declines and moderate increases, indicating instability in output.
- 2019-2023: Some recovery from the dip in 2021, culminating in a 64.61% surge in 2022.
- Forecast Post-2023: Stabilization is anticipated with very slight incremental growth, hinting at a period of steady production levels.
Future trends to watch for include the impact of technological advancements, potential regulatory changes, shifts in global LPG demand, and the influence of sustainability initiatives on refining processes.
