The oil products pipeline freight traffic in Denmark has experienced a significant decline over the years. From 2013 to 2023, the value dropped from 2.66 billion tonne kilometers to 1.25 billion tonne kilometers, showcasing a trend of overall decreased pipeline usage. Notable variations include a sharp decline in 2019 by 28%, followed by a major drop in 2020 by 34.31%. In 2022, there was a brief rebound with a 40.61% increase, but by 2023, a minor reduction of 2.34% settled the value at 1.25 billion tonne kilometers. The Compound Annual Growth Rate (CAGR) for the last five years stands at -8.96%.
Looking forward, the forecast predicts a continued decrease in freight traffic, with a 5-year CAGR of -10.62% translating to a 42.95% reduction from 2023 to 2028. As the market adjusts, key trends to watch for include shifts in energy consumption patterns, increased emphasis on renewable energy sources, and potential economic or policy changes affecting pipeline operations.
