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.