The Gas Oil and Diesel Oil opening stock in Finland experienced fluctuations over the past decade. It increased from 2.04 million metric tons in 2013 to 2.43 million metric tons in 2023. The year-on-year variation has shown significant swings, notably with growth rates of 38.44% in 2013, 26.44% in 2014, and a decline of 6.98% in 2019. From 2020 onwards, the trend suggests a modest yet stable recovery, culminating in a slight increase in 2023. The five-year CAGR stood at 1.03% by 2023.
The forecasted data indicates a steady growth trajectory with an anticipated opening stock reaching 2.68 million metric tons by 2028, reflecting a five-year CAGR of 1.57% and overall growth of 8.07%. This suggests a positive outlook with gradual increments in stock levels.
Future trends to watch for include potential impacts of renewable energy adoption, changes in domestic and global demand for diesel oil, and geopolitical factors influencing supply chains. Additionally, technological advancements in storage and fuel efficiency could influence stock levels.