As of 2023, the bitumen closing stock in Denmark stood at 10.40 thousand metric tons. The forecasted data indicates a consistent decline in stock levels from 2024 to 2028, with values falling from 10.08 thousand metric tons in 2024 to 8.91 thousand metric tons in 2028. This equates to an average year-on-year decrease of roughly 3.05%, showcasing a gradual reduction in stock over time.
Key observations:
- From 2023 to 2024: a decrease of 3.08%
- From 2024 to 2025: a decrease of 3.07%
- From 2025 to 2026: a decrease of 3.07%
- From 2026 to 2027: a decrease of 2.96%
- From 2027 to 2028: a decrease of 3.05%
- The Compound Annual Growth Rate (CAGR) from 2023 to 2028 is approximately -3.05%
Future trends to watch include potential shifts in Denmark's infrastructure projects, changes in construction industry dynamics, and evolving regulations on bitumen usage. Monitoring these factors will be crucial for understanding the ongoing trends in bitumen stock levels in Denmark.
