In 2023, the volume of refined products pipeline international transport delivered domestically in the US stood at an estimated 16.01 million metric tons. The forecasted data from 2024 to 2028 indicates a consistent decline, with an average annual decrease of approximately 11.55% over the five-year period. Specifically, the volume is projected to decrease from 14.03 million metric tons in 2024 to 7.05 million metric tons in 2028, showcasing a significant downward trend.
Future trends to watch for:
- Investigate potential impacts of evolving environmental regulations on pipeline usage.
- Monitor shifts in domestic refining capacities and alternative transport methods.
- Analyze geopolitical factors that may influence international transport dynamics.