Forecast: Crude Oil Energy Supply in the Netherlands

The crude oil energy supply in the Netherlands has experienced various trends between 2013 and 2023. After a decline in 2013, the supply values steadily increased, peaking at 2.4274 million terajoules in 2019. A notable decrease occurred in 2020, reflecting the global impacts of economic disruptions. A subsequent recovery ensued, culminating in a value of 2.4445 million terajoules in 2023. The CAGR over the last five years was 0.83%, highlighting relatively modest growth.

Future trends to monitor include the projected gradual increase in supply, with the forecasted CAGR for the next five years standing at 0.49%, suggesting a steady but slow growth trajectory up to 2028. External factors such as technological advancements, policy changes, and international market dynamics could significantly influence these projections.