Forecast: Liquefied Petroleum Gases Energy Supply in Sweden

The supply of Liquefied Petroleum Gases (LPG) energy in Sweden has shown significant fluctuations over the past decade. Observing the data from 2013 to 2023, the highest value was recorded in 2013, followed by significant declines and occasional recoveries. The most notable drop was in 2020, which saw a 42.36% decrease year-on-year, reaching the lowest value in the series. However, since then, the supply has gradually recovered, with a 35.77% increase in 2022 and a 10.27% increase in 2023, standing at 7.69 Thousand Gigawatt hours. Over the last five years, the average CAGR was 1.65%.

Future forecasted data from 2024 to 2028 suggests a stable growth trajectory, with a 5-year CAGR predicted at 0.7%. This growth is expected to be modest, with the supply reaching 8.04 Thousand Gigawatt hours by 2028.

Future trends to watch for include:

  • Technological advancements in LPG extraction and distribution.
  • Regulatory changes and environmental policies impacting LPG usage and supply.
  • Market shifts towards renewable energy sources that may influence the demand and supply dynamics of LPG in Sweden.

Top Countries about Liquefied Petroleum Gas