The oil refinery capacities in Sweden have consistently stood at 454 thousand barrels per day from 2013 through 2023. Throughout this period, there has been no year-on-year variation, resulting in a cumulative annual growth rate (CAGR) of 0%. Projections from 2024 to 2028 indicate that this trend of zero variation will continue, maintaining the same capacity level.
Future trends to watch for:
- Technological advancements in refining processes.
- Government regulations on emissions and environmental impact.
- Shifts in global oil demand and renewable energy investments.
