Oil consumption in Sweden is forecasted to stabilize at around 242.65 to 242.66 thousand barrels per day from 2024 to 2028. This indicates a negligible year-on-year variation of approximately 0.0%. In 2023, the consumption stood at 242.66 thousand barrels per day, showing no significant fluctuations as we move forward. Over the last five years, the compound annual growth rate (CAGR) remains virtually flat.
Future trends to watch for:
- Potential shifts towards renewable energy sources impacting oil consumption.
- Economic and policy changes affecting energy sectors.
- Technological advancements impacting energy efficiency and consumption patterns.
