In 2023, Switzerland imported petroleum gases and other gaseous hydrocarbons valued at 1.20 Billion US Dollars. The forecasted data for the period 2024 to 2028 indicates a steady but modest increase in the import value. In 2024, the import value is projected to be 1.2024 Billion US Dollars, increasing to 1.2045 Billion US Dollars in 2025, 1.2065 Billion US Dollars in 2026, 1.2086 Billion US Dollars in 2027, and reaching 1.2105 Billion US Dollars by 2028.
Year-on-year variation shows incremental growth averaging around 0.17% per year. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately 0.17%, demonstrating a stable but slight upward trend in imports.
Future trends to watch for include potential shifts in global energy markets, changes in trade policies, and advancements in renewable energy technologies, which could affect the demand and supply dynamics for gaseous hydrocarbons in Switzerland. Monitoring these factors will be crucial in anticipating future import trends and market adjustments.
