Between 2013 and 2023, Sweden's motor gasoline (excluding biofuel portion) refinery output exhibited fluctuations, starting at 151.73 thousand terajoules in 2013 and showing a peak of 221.48 in 2018, before declining to 193.75 in 2023. The year-on-year variation shows sporadic changes with significant peaks and troughs, such as the 28.17% increase in 2021 and the notable downturns in 2014 and 2019. Over the entire period, the compound annual growth rate (CAGR) indicates a general downturn of -2.64% over the last five years. Forecasts for the coming years predict a relatively stable output, barely increasing to 193.81 by 2028, indicating a flat five-year CAGR.
Future trends to watch for include:
- Innovation in fuel technology and its impact on refinery outputs
- Regulatory changes impacting production levels
- Global economic conditions affecting fuel demand
- Environmental sustainability initiatives impacting traditional gasoline production