Forecast: Liquefied Petroleum Gases Final Consumption in Industry in the Netherlands

Between 2013 and 2023, the consumption of liquefied petroleum gases (LPG) in the Dutch industry has shown significant fluctuation, with peaks in 2014 and 2016 and notable dips in 2015 and 2017. By 2023, the consumption stood at 8.34 Thousand Tonnes Of Oil Equivalent. Over the last two years, there has been a relatively stable increase, with a year-on-year growth rate of 3.09% in 2023. The five-year compound annual growth rate (CAGR) reflects a moderate increase of 3.69% from 2018 to 2023.

Future trends to watch for include potential impacts of energy transition policies, shifts towards more sustainable energy sources, and technological advancements that may affect LPG demand. The forecast suggests a very slight decline in consumption, with a forecast 5-year CAGR of -0.09% up to 2028, indicating a possible stabilization or slow reduction in industrial LPG usage.