The natural gas liquids (NGL) energy supply in Finland has experienced significant fluctuations over the past decade. From a high of 60.15 thousand Terajoules in 2017, the supply plummeted to 24.16 thousand Terajoules in 2019, reflecting a marked decrease. Recent years have seen moderate growth, with a value of 30.29 thousand Terajoules in 2023, reflecting a 7.01% year-on-year increase in 2023 and an overall Compound Annual Growth Rate (CAGR) over the past five years of approximately -10.36%.
Looking forward, growth is projected at an average rate of 4.35% annually through 2028, reaching 39.91 thousand Terajoules, resulting in an estimated five-year growth rate of 23.75%. This suggests a stable recovery and upward trend in Finland's NGL supply.
Future trends to watch:
• Technological advancements in extraction and processing
• Policy changes impacting energy mixes and renewable integration
• Economic conditions influencing energy demand
