Forecast: Import of Petroleum Coke and Petroleum Bitumen to Switzerland

The import of petroleum coke and petroleum bitumen to Switzerland shows a consistent but very modest growth from 2024 to 2028, with each year witnessing an incremental increase of approximately 0.03%. In 2023, the value of imports stood at 145.81 million USD, marking minimal changes year-on-year, reflecting market stability. The compound annual growth rate (CAGR) over the five-year period is nearly flat, indicating a mature market with limited expansion.

Future Trends to Watch:

  • Potential impact of global oil price fluctuations due to geopolitical events.
  • The influence of Swiss environmental policies on import volumes of fossil fuels.
  • Technological advancements in alternative energy sources that could reduce dependency on petroleum products.
  • Shifts in demand due to economic growth or contraction both domestically and in key trading partners.

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