Based on the forecast for Liquefied Petroleum Gases (LPG) available for final consumption in Finland, the values for 2024 to 2028 show a consistent year-on-year growth. Starting at 13.64 Thousand Gigawatthours in 2024, the values increase steadily each year, reaching 14.57 Thousand Gigawatthours by 2028.
Considering that we are in 2024 and looking back, in 2023 the value stood slightly lower compared to the 2024 forecast. The year-on-year percentage variations present an average increase of around 1.8% per year from 2023 onwards. Evaluating the Compound Annual Growth Rate (CAGR) for the 2024-2028 period shows an approximate growth rate of 1.8% per year.
Future trends to watch for include:
- Technological advancements and efficiency improvements in LPG consumption.
- Government policies and regulations affecting the energy sector.
- Potential shifts in consumer behavior towards more sustainable energy sources.
- Global market dynamics affecting LPG supply and prices.