The availability for final consumption of natural gas in the Netherlands has seen fluctuations over the past decade, starting from 21.82 million tonnes of oil equivalent in 2013 and gradually declining to 18.68 million tonnes of oil equivalent in 2023. The decline was marked by a significant drop in 2014 by 16.37%, with various year-on-year fluctuations thereafter averaging a negative trend. In the recent two years, the decline has continued, with a reduction of 0.98% in 2023. The Compound Annual Growth Rate (CAGR) over the last five years stood at -1.09%.
Looking forward, the forecast indicates a continued downward trend with an anticipated reduction in availability, showcasing a forecasted 5-year CAGR of -0.78% up to 2028, resulting in a total decline of 3.85%. This suggests a sustained decrease in natural gas availability for final consumption over the coming years.
Future trends to watch for:
- Impact of policy and regulatory measures aimed at reducing carbon emissions and transitioning to renewable energy sources.
- Significant shifts in domestic and global natural gas markets affecting supply and pricing.
- Technological advancements in energy efficiency and alternative energy adoption.