In 2023, Chile's gas consumption stood at 7.56 billion cubic meters. The forecasted values show a steady increase in gas consumption from 2024 onwards, with an annual growth of approximately 1.31% from 2024 to 2025 and an average compound annual growth rate (CAGR) of about 1.28% over the 5-year period from 2024 to 2028.
Key trends and future considerations:
- Steady growth: The consistent increase in gas consumption indicates stable demand likely driven by industrial growth and urbanization.
- Energy transition: Watch for trends in renewable energy adoption which may impact gas consumption patterns over the long term.
- Regulatory factors: Government policies on energy efficiency and emissions can influence future gas consumption significantly.
- Technological advancements: Improvements in gas extraction and usage technology could affect supply dynamics and consumption levels.