Forecast: Oil Products Pipeline Freight National Vessel Traffic in Denmark

Analyzing the national vessel traffic for oil products pipeline freight in Denmark, the data indicates a consistent decline from 2013 to 2023, with 2023 seeing volumes at 1.14 billion tonne kilometers. Year-on-year variations show a significant reduction, particularly notable in 2019 (-28%) and 2020 (-34.31%), with a slight recovery in 2022 (34.8%). The Compound Annual Growth Rate (CAGR) over the last five years illustrates a downward trend, with the latest 5-year period ending 2023 showing a -10.57% average annual reduction.

Looking forward, the forecast predicts a continued decline with the traffic volume expected to reach 0.494 billion tonne kilometers by 2028, reflecting a CAGR of -12.93% and a total reduction of nearly 50% from current levels. Future trends to watch include potential shifts in energy policies, technological advancements in alternative transport methods, and changes in oil demand globally which could further impact Denmark's pipeline freight traffic.