Forecast: Imports of Gas Oil and Diesel Oil from All Countries to Denmark

Denmark's imports of gas oil and diesel oil from all countries showed notable fluctuations from 2013 to 2023, with significant variations observed year-on-year. The imports peaked in 2016 at 3.75 million metric tons and saw reductions to around 2.61 million metric tons in 2021. By 2023, the volume stood at 2.91 million metric tons, reflecting a year-on-year increase of 4.58%. The compound annual growth rate (CAGR) over the last five years up to 2023 was 3.97%, indicating a generally positive trend despite some annual declines.

Future projections from 2024 to 2028 suggest moderate growth, with the forecasted CAGR over the next five years at approximately 0.95%. This indicates a stable, albeit slow, increase in imports, culminating in an anticipated volume of 3.09 million metric tons by 2028.

Future trends to watch for:

  • Shifts in energy policies and renewable energy adoption affecting import volumes.
  • Global economic factors and supply chain disruptions impacting international trade.
  • Technological advancements in energy efficiency reducing dependency on imports.

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