Over the period from 2013 to 2023, the Liquefied Petroleum Gases refinery output in the Netherlands has shown variability. The value stood at 71.47 Thousand Terajoules in 2023. Throughout these years, the output experienced a mix of growth and declines, with notable increases in 2014 (14.61%) and 2021 (18.54%), and significant drops such as in 2020 (-16.33%). The last five years show a modest Compound Annual Growth Rate (CAGR) of 1.32%.
Looking at the forecasted data from 2024 to 2028, the output is expected to grow at a slow pace with a CAGR of 0.47% and a forecasted overall growth rate of 2.39% for this period. This indicates a relatively stable future trend, suggesting moderate increases in refinery outputs.
Future trends to watch for include:
- Potential impacts of regulatory changes on refinery outputs.
- Technological advancements in refining processes.
- Variations in global demand and supply for Liquefied Petroleum Gases.
