The natural gas available for final consumption in the Netherlands has seen varied fluctuations over the past decade. The period from 2013 to 2023 experienced a general decline with intermittent year-on-year variations. Specifically, from 2021 to 2023, the consumption levels have shown negative growth rates (-5.37% in 2022 and -0.98% in 2023). The Compound Annual Growth Rate (CAGR) for the last five years, ending in 2023, stands at -1.09%. In 2023, the value was 18.68 Million Tonnes of Oil Equivalent.
The forecasted data from 2024 to 2028 shows a continuous downward trend with modest declines, culminating in a forecasted 17.79 Million Tonnes of Oil Equivalent in 2028. The forecasted five-year CAGR indicates an average annual decline of -0.78%, with an overall decrease of 3.85% over this period.
Future trends to watch for include:
- Potential shifts in energy policy impacting natural gas consumption.
- Technological advancements in energy efficiency and alternatives to natural gas.
- Geopolitical factors affecting natural gas supply and pricing.