Forecast: Import of Liquefied Natural Gas to Switzerland

The import of Liquefied Natural Gas (LNG) to Switzerland stood at 1.12 million kilograms in 2023. Forecast data from 2024 to 2028 indicates a steady year-on-year increase: 4.8% in 2024, 4.8% in 2025, 4.5% in 2026, 4.2% in 2027, and 3.9% in 2028. The average compound annual growth rate (CAGR) over the last five years is estimated at approximately 4.44%.

Future trends to watch for include:

• The global energy market's transition towards renewable sources, which could impact LNG demand.
• Geopolitical factors influencing supply chain stability and import costs.
• Technological advancements in LNG importation and storage capabilities.
• Switzerland’s energy policy changes and regulatory environment adjustments.
• Fluctuations in global LNG prices impacting import volumes.

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