The fuel oil refinery output in Denmark has been projected to decrease consistently over the next five years. Starting from 55.28 thousand terajoules in 2024, it is expected to drop to 47.68 thousand terajoules by 2028. This forecast indicates a year-on-year decrease in output, averaging a Compound Annual Growth Rate (CAGR) of approximately -3.6% over this period.
Future Trends to Watch For:
- Continued shift towards renewable energy sources and its impact on fuel oil demand.
- Technological advancements in refinery processes to increase efficiency and reduce output declines.
- Policy changes and environmental regulations that might further influence fuel oil production levels.