In 2023, the consumption of motor gasoline (excluding biofuel portion) in Finland stood at 1.33 Million Tonnes of Oil Equivalent. The forecasted data from 2024 to 2028 show a stable yet slightly decreasing trend, with values at 1.32 from 2024 to 2026, and a minor drop to 1.31 for 2027 and 2028. This minor year-on-year percentage decrease translates to -0.76% over the last two years and a slight compounded annual growth rate (CAGR) of -0.38% over the five-year period from 2023 to 2028.
Future trends to watch for:
- Potential impact of increased biofuel integration and evolving government policies on gasoline consumption.
- Advances in fuel efficiency and the rise of electric vehicles, potentially decreasing gasoline demand further.
- Economic factors and shifts in consumer behavior that may affect fuel consumption.