The forecast for direct transfer on natural gas for general services in Canada from 2024 to 2028 shows a steady increase. In 2023, the baseline value was set for 2024, which is forecasted at 1.04 billion USD. The projected year-on-year growth is notable, with an increase of approximately 15.4% from 2024 to 2025, 14.2% from 2025 to 2026, 11.7% from 2026 to 2027, and 10.5% from 2027 to 2028. The compound annual growth rate (CAGR) over these five years is estimated at 12.6%.
Future trends to watch for include:
- Potential impact of policy changes on energy consumption and efficiency.
- Technological advancements reducing consumption in general services.
- Shifts in global energy markets affecting pricing and demand.
