Sweden's exports of natural gas have seen significant growth since 2017. From 0 GWh up to 2016, exports surged to 51.25 GWh in 2017, climbing at an impressive pace to reach 830.3 GWh by 2023. Year-on-year variation shows high volatility with remarkable spikes in 2018 (222.44%) and 2021 (94.77%), followed by a more moderated annual growth in subsequent years. For 2023, exports stood at 830.3 GWh, marking a 23.83% increase from 2022. Over the last five years, the Compound Annual Growth Rate (CAGR) sits at 38.11%.
Looking ahead to 2028, the forecast indicates a steady rise in natural gas exports with a projected CAGR of 10.18% and a total growth rate of 62.35% over the next five years.
Future trends to watch for:
- Potential market saturation and stabilization after rapid growth phases
- Impact of global energy policies on natural gas demand
- Technological advancements in natural gas extraction and exportation
- Environmental regulations influencing natural gas export dynamics
