Forecast: Imports of Natural Gas in Sweden

Sweden's natural gas imports have shown significant fluctuations between 2013 and 2023. Starting at 955.29 Thousand Tonnes Of Oil Equivalent (KTOE) in 2013, the imports experienced declines until 2015 but revived in 2016 and saw notable spikes in 2018 and 2020. By 2023, imports stood at 1130.0 KTOE, reflecting a moderate year-on-year growth of 1.03% from the previous year. Over the last five years, the Compound Annual Growth Rate (CAGR) was 1.68%.

Looking forward, the forecasted data shows a stabilization trend with minimal annual increases, projecting a 5-year CAGR of 0.76% leading up to 2028. This suggests a sustained, though modest, rise in natural gas imports.

Future trends to watch for include:

• Shifts in energy policies which could impact demand for natural gas.
• Technological advancements in renewable energy potentially influencing natural gas imports.
• Geopolitical changes affecting supply chains and price volatility in the natural gas market.