The forecast for Liquefied Petroleum Gases (LPG) refinery output in Finland from 2024 to 2028 shows a consistent upward trend. In 2023, the output stood at 3.68 Thousand Gigawatthours. The projected increases from 2024 to 2028 are as follows:
- 2024: 3.71, representing a 0.82% increase year-on-year from 2023.
- 2025: 3.74, representing a 0.81% increase year-on-year from 2024.
- 2026: 3.77, representing a 0.80% increase year-on-year from 2025.
- 2027: 3.80, representing a 0.79% increase year-on-year from 2026.
- 2028: 3.83, representing a 0.79% increase year-on-year from 2027.
The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 0.80%, indicating steady growth.
Future trends to watch for include the adoption of more efficient refining technologies and the potential impact of environmental regulations on LPG production. Additionally, fluctuations in global energy prices and demand shifts toward renewable energy sources could influence the refinery output trajectory.
