The available data on Natural Gas Liquids (NGLs) consumption in the Netherlands from 2013 to 2023 indicates significant variability over this period. The highest recorded value was in 2014 at 113.69 thousand terajoules, while the lowest value was in 2021 at 60.11 thousand terajoules. The year 2023 stood at 62.07 thousand terajoules, showing a slight year-on-year increase of 0.94%. However, the compound annual growth rate (CAGR) over the last five years indicates a decrease at -3.09% annually.
Key trends observed:
- From 2013 to 2014, there was a minor increase followed by a sharp drop in 2015.
- Consumption experienced fluctuations but maintained a general downward trend, especially notable between 2017 and 2018.
- Raillying in 2020 with a moderate increase but again declined in 2021 and 2022.
Looking into the forecasted period from 2024 to 2028, a more stable, albeit modest, increase is anticipated. With a CAGR forecasted at 0.7%, the final available NGLs consumption should reach 64.88 thousand terajoules in 2028, reflecting a 3.57% growth from 2023. Noteworthy future trends include the potential impact of energy transition policies and the rising importance of renewable energy sources.