The consumption of primary solid biofuels in agriculture and forestry in Denmark exhibited a varied growth pattern from 2013 to 2023, standing at 2.32 Thousand Terajoules in 2023. Over this period, significant year-on-year variations included an 8.2% rise in 2021. The CAGR over the last five years was 1.29%, reflecting a modest growth trend. From 2024 onwards, forecasted data show a steady incremental increase, culminating in a CAGR of 0.65% over the next five years, with a forecasted growth rate of 3.27% by 2028.
Future trends to watch for include the impact of technological advancements in biofuel production, potential policy changes driving renewable energy use, and shifts in agricultural practices that could influence biofuel demand.