The non-metallic minerals sector in Denmark has seen significant fluctuations in the final consumption of heat over the past decade. From 2013 to 2015, there was a marked decline, with values dropping from 385 Terajoules to 214.29 Terajoules. However, the period from 2016 showed recovery and eventual stabilization around the 380 Terajoule mark. In 2023, the consumption stood at 382.75 Terajoules. Year-on-year variations indicate notable swings: a significant increase of 53.62% in 2016 followed by minimal changes in the later years. The CAGR over the last five years averaged at 2.5%.
Future trends to watch for:
- Stabilization in consumption around current levels with minimal annual growth forecasted at 0.02% CAGR over the next five years.
- Potential external factors such as technological advancements or policy changes impacting energy efficiency and consumption patterns.