The import of petroleum bitumen to Denmark is projected to follow a decreasing trend from 2024 to 2028. The values forecasted for 2024 to 2028 range from 153.57 to 143.29 million kilograms. This represents a consistent year-on-year decline in volume: 2024 to 2025 by 1.72%, 2025 to 2026 by 1.72%, 2026 to 2027 by 1.72%, and 2027 to 2028 by 1.71%. Considering the actual import volume in 2023 stood at a higher value, this forecasted trend suggests a clear downward trajectory in petroleum bitumen imports with a Compound Annual Growth Rate (CAGR) of approximately -1.67% on average per year over the five-year period from 2024 to 2028.
Future trends to watch for include emerging alternatives to petroleum bitumen driven by environmental regulations and innovations in construction materials, government policies on energy imports, and potential changes in industrial demand linked to Denmark's broader energy transition goals.
