Forecast: Liquefied Petroleum Gases Final Consumption by Households in Turkey

The final consumption of Liquefied Petroleum Gases (LPG) by households in Turkey stood at 14.48 thousand terajoules in 2023. The forecasted data for the upcoming years indicate a decline in consumption: 13.07 thousand terajoules in 2024, 11.5 thousand terajoules in 2025, 9.94 thousand terajoules in 2026, 8.39 thousand terajoules in 2027, and 6.87 thousand terajoules in 2028. The year-on-year variation shows a decreasing trend, with notable rates of -11% from 2023 to 2024, -12% from 2024 to 2025, -14% from 2025 to 2026, -16% from 2026 to 2027, and -18% from 2027 to 2028. The compound annual growth rate (CAGR) from 2023 to 2028 is approximately -13%.

Future trends to watch for include the potential impact of renewable energy adoption by households, government energy policies affecting LPG subsidies or taxes, and broader economic factors influencing household energy consumption behaviors. Monitoring these trends will provide further insights into the long-term trajectory of LPG usage in Turkey.