The opening stock of Liquefied Petroleum Gases (LPG) in Turkey has been on a consistent upward trend. In 2023, the actual stock stood at 416.00 Thousand Metric Tons. The forecasted values show a steady annual increase: 2024 at 434.26 Thousand Metric Tons, 2025 at 453.36 Thousand Metric Tons, 2026 at 472.36 Thousand Metric Tons, 2027 at 491.25 Thousand Metric Tons, and 2028 at 510.03 Thousand Metric Tons. The year-on-year variations are approximately as follows: 4.38% from 2023 to 2024, 4.39% from 2024 to 2025, 4.19% from 2025 to 2026, 4.00% from 2026 to 2027, and 3.82% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the five-year period is approximately 4.16%.
Future trends to watch for include potential shifts in LPG supply and demand dynamics, possible policy changes impacting energy markets, and technological advancements in LPG storage and usage to ensure efficiency and sustainability.
