Forecast: Natural Gas Imports to Denmark

The forecasted natural gas imports to Denmark show a consistent upward trend from 2024 to 2028. In 2023, the actual imports stood as the reference point for forecasting. The predicted values are used to indicate a steady annual increment. Specifically, the year-on-year variations are: for 2024 to 2025, a 3.31% increase; for 2025 to 2026, a 3.17% rise; for 2026 to 2027, an uptick of 3.04%; and for 2027 to 2028, a 2.92% increase. The Compound Annual Growth Rate (CAGR) over the five-year period is consistent.

Future trends to watch for include:

  • Shifts in global natural gas prices, as these can impact import volumes and costs.
  • Changes in Denmark's energy policies, especially with regards to renewable energy targets, which could affect the dependency on natural gas.
  • Technological advancements in energy storage and distribution that may alter import needs.
  • Geopolitical developments that could influence supply chains and trade relations.

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