Energy consumption in ethanol production in Sweden has shown significant variability from 2013 through 2023. Starting from 137.19 Thousand Tonnes Of Oil Equivalent (ktoe) in 2013, it saw fluctuations, with a notable drop in 2014 followed by further declines and some recoveries. By 2023, it stood at 158.22 ktoe, indicating a moderate increase of 3.1% year-over-year and an average annual growth (CAGR) of 4.83% over the past five years.
Recent years have seen positive trends, with 2022 and 2023 witnessing modest increases in energy consumption despite prior volatility. Looking forward, the forecast indicates a continued upward trend, with an expected CAGR of 2.29% and an overall growth rate of 12.01% by 2028.
Future trends to watch for include advancements in ethanol production technology that could affect energy efficiency, as well as potential regulatory changes in Sweden’s energy policies which may impact the sector's energy consumption. Additionally, shifts in global energy markets and biofuel demand could further influence these trends.
