In 2023, the final consumption of liquefied petroleum gases (LPG) in the construction sector in Norway was 116.7 Gigawatthours. Forecasted values indicate a steady increase, with consumption predicted to reach 118.46 Gigawatthours by 2028. The year-on-year variation from 2024 to 2028 showcases minor yet consistent growth, reflecting an average compound annual growth rate (CAGR) over the forecast period.
Trends:
- 2024: 117.1 Gigawatthours (+0.34% from 2023)
- 2025: 117.51 Gigawatthours (+0.35% from 2024)
- 2026: 117.87 Gigawatthours (+0.31% from 2025)
- 2027: 118.18 Gigawatthours (+0.26% from 2026)
- 2028: 118.46 Gigawatthours (+0.24% from 2027)
Future trends to watch for include the impact of potential regulatory changes aimed at reducing carbon emissions, advancements in energy-efficient construction technologies, and the growing emphasis on sustainable building practices which could influence the demand for LPG in the construction sector.