Fuel oil refinery output in the Netherlands peaked in 2016 at 11.71 million tonnes of oil equivalent, showing a significant 42.37% year-on-year increase. However, after this peak, output has generally declined, with the 2023 value standing at 7.78 million tonnes of oil equivalent, reflecting a 1.14% year-on-year decrease and a -6.43% CAGR over the previous five years. Forecasts suggest a continued gradual decline, with a forecasted output of 7.35 million tonnes by 2028, indicating a -0.91% CAGR for the coming five years.
Future trends to watch for include potential impacts of stricter environmental regulations, shifts towards alternative energy sources, and changes in global fuel oil demand which may further influence refinery outputs.
