From 2013 to 2023, the exports of heating and other gasoil from Denmark saw significant fluctuations. The peak occurred in 2016 with a value of 1160 thousand metric tons. Following that, there was a notable decline until 2020. Since then, the trend improved through 2023, with the value standing at 618.49 thousand metric tons, reflecting an 8.94% year-on-year increase. Over the last five years, the CAGR averaged 7.11%. However, future forecasts indicate a gradual decline, with projected values decreasing to 595.33 thousand metric tons by 2028, reflecting a forecasted 5-year CAGR of -0.6%.
Future trends to watch for include potential changes in global energy policies, shifts in demand for gasoil due to advancements in alternative energy sources, and economic factors impacting international trade dynamics. The decreasing trend suggests a need for strategic adjustments to maintain export levels.
