In 2023, Sweden's natural gas exports stood at 2970 Terajoules, marking significant growth since 2017 when exports began at 184.5 Terajoules. Notable year-on-year variations include a 11.83% increase in 2020, 94.77% in 2021, and an 18.04% rise in 2022. Most recently, from 2022 to 2023, exports grew by 23.72%. Over the past five years, the average annual growth rate has been 37.97%, indicative of a rapidly expanding market.
Looking to the future, forecasts predict continued robust growth with a compound annual growth rate (CAGR) of 10.16% from 2024 to 2028, resulting in a 62.24% increase over this period. Future trends to watch include the potential impact of global energy policies, advancements in natural gas extraction and export technologies, and shifts in demand within the European energy markets.
