Forecast: Energy Consumption in Transport in Denmark

In 2023, Denmark's energy consumption in transport stood at 31.12% of the total energy consumption. Based on the forecasted data, a slight annual increase is observed from 2024 to 2028, with the value rising from 31.19% to 31.49%. This upward trend translates to a year-on-year growth of approximately 0.26%. Over the last two years, the increase was consistent at around 0.26% yearly. The compound annual growth rate (CAGR) over the five-year forecast period is also approximately 0.24%, indicating steady growth.

Future trends to watch for include the adoption of electric vehicles, government policies promoting sustainable transport, and advancements in fuel efficiency technology. These factors could potentially accelerate the shift in energy consumption patterns in the transport sector.

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