In 2023, the consumption of liquefied petroleum gases (LPG) in Finland's transport equipment sector stood at a base level. The forecasted data from 2024 to 2028 indicates a gradual increase with values projected to rise from 1.87 thousand tonnes of oil equivalent in 2024 to 1.93 thousand tonnes of oil equivalent in 2028. This year-on-year variation reflects a modest but steady growth: 1.07% from 2024 to 2025, 0.53% from 2025 to 2026, 0.53% from 2026 to 2027, and 1.05% from 2027 to 2028. The five-year compound annual growth rate (CAGR) is approximately 0.8%, showcasing consistent demand for LPG in this sector.

Future trends to watch for:

Adoption of alternative fuels and advancements in electric vehicle technologies may influence LPG consumption patterns.
Regulatory changes within the EU could impact the transport fuel market, either positively or negatively affecting LPG demand.
Technological advancements specific to engine efficiency and LPG usage could further stimulate growth.