Forecast: Imports of Fossil Fuel in Switzerland

Switzerland's imports of fossil fuels for 2023 stood at 17.73 million metric tons. The forecasted values show a slight but consistent year-on-year decrease, from 17.67 million metric tons in 2024 to 17.44 million metric tons in 2028. The year-on-year variations indicate minor declines annually: approximately -0.34% from 2023 to 2024, and similar decreases in subsequent years.

From 2024 to 2028, the compound annual growth rate (CAGR) averages around -0.35%, reflecting a consistent, albeit slow, downward trend in the volume of fossil fuel imports.

Future trends to watch for include Switzerland's ongoing efforts to transition towards renewable energy sources, which could further reduce fossil fuel imports. Additionally, advancements in energy efficiency and alternative fuels may have significant impacts on these projections.

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