Crude oil pipeline freight traffic in Denmark has shown a consistent decline from 2013 to 2023, with the value dropping from 2.66 in 2013 to 0.986 Billion Tonne Kilometers in 2023. Over the last two years, a modest growth in 2022 (24.48%) was followed by a decrease of 13.05% in 2023. The compound annual growth rate (CAGR) over the last five years stands at -13.19%, reflecting the overall downward trend over a longer period.
Future trends to watch for include further declines, with forecasts predicting a steep drop to 0.086 Billion Tonne Kilometers by 2028. The forecasted 5-year CAGR is -35.54%, indicating a sharp contraction in crude oil pipeline freight traffic, suggesting structural changes in the market or a shift towards alternative energy sources.
