Analysis of the forecasted volume of oil pipeline transport in Denmark from 2024 to 2028 reveals a consistent year-on-year decrease. Starting at 5.37 million metric tons in 2024, volumes are expected to gradually decline to 4.86 million metric tons by 2028. This marks a continuous downward trend.
Comparing 2024 values with 2023, there has already been a noticeable decline. The year-on-year percentage decreases are: 2025 (-2.4%), 2026 (-2.5%), 2027 (-2.5%), 2028 (-2.4%). The compounded annual growth rate (CAGR) for this period stands at approximately -2.48%, indicating an average annual reduction of about 2.48% over the five years.
Future trends to watch for include potential shifts in energy policy, changes in oil demand dynamics, and advancements in alternative energy sources, which could influence the volume of oil transported via pipelines in Denmark.
