In analyzing the forecasted biofuels consumption in Poland, the data shows a growth trend from 2024 to 2028. Specifically, the consumption is projected to rise from 21.13 thousand barrels of oil equivalent per day in 2024 to 23.32 thousand barrels of oil equivalent per day in 2028.
From a year-on-year perspective, the growth rates are as follows:
- 2024 to 2025: 2.61%
- 2025 to 2026: 2.54%
- 2026 to 2027: 2.43%
- 2027 to 2028: 2.41%
Considering the long-term trend from 2024 through 2028, this corresponds to a compound annual growth rate (CAGR) of approximately 2.5%.
As we look towards future trends, several factors will be critical: technological advancements in biofuel production, government policies and incentives around renewable energy, and potential shifts in consumer behavior towards green energy solutions. Monitoring these elements will offer further insights into the sustainability and acceleration of biofuel consumption growth in Poland.