Forecast: Oil Consumption in Sweden

Oil consumption in Sweden for 2023 was recorded at 11.54 million metric tons. The forecasted data from 2024 to 2028 shows a consistent value of 11.54 million metric tons annually, indicating no year-on-year variation over this period.

Last two years' variation:

• 2023 to 2024: 0%
• 2024 to 2025: 0%

CAGR over the last 5 years remains at 0%, as there is no forecasted change in the oil consumption volumes in this period.

Future trends to watch for:

• Potential impact of alternative energy sources and government policies on oil consumption.
• Technological advancements in energy efficiency and their effect on oil demand.
• Economic factors and geopolitical developments influencing global oil markets.