The liquefied petroleum gases (LPG) refinery output in the Netherlands has seen fluctuations over the past decade. Peaks and troughs were notable with a significant decline of 16.33% in 2020 followed by an 18.54% increase in 2021. The 2023 output stood at 1.71 Million Tonnes Of Oil Equivalent, reflecting a year-on-year increase of 4.02%. From 2018 to 2023, the Compound Annual Growth Rate (CAGR) has modestly averaged at 1.32%. The forecast to 2028 suggests a subdued growth trend, with a 5-year CAGR of 0.47% and an overall 2.39% increase.
Future trends to watch for include potential impacts of regulatory changes within the energy sector, advancements in refinery technology, increasing adoption of alternative energy sources, and fluctuating global LPG demand driven by economic and geopolitical factors.
