Forecast: Liquefied Petroleum Gases Final Consumption in Transport Equipment Sector in Sweden

The forecasted final consumption of liquefied petroleum gases (LPG) in the transport equipment sector in Sweden shows a steady increase from 2024 to 2028, ranging from 135.76 Gigawatthours in 2024 to 136.72 Gigawatthours in 2028. In 2023, the actual consumption stood at 135.50 Gigawatthours. The year-on-year variations from 2024 to 2028 show minimal increases: 2024 to 2025 by 0.21%, 2025 to 2026 by 0.18%, 2026 to 2027 by 0.16%, and from 2027 to 2028 by 0.15%. The compound annual growth rate (CAGR) from 2023 to 2028 averages to a 0.18% increase per year.

The steady upward trend indicates a marginal annual increase in LPG consumption in the transport equipment sector. Future trends to watch include potential policy changes impacting LPG usage, advancements in alternative energy sources, and the adoption rates of electric vehicles which may influence the demand for LPG.

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