The residential sector is the largest subsector within the oil and gas market in Nordic countries. In 2022, oil and gas destined for the residential sector was valued at 28.23 billion U.S. dollars, compared with the commercial oil and gas market being worth approximately 19.23 billion U.S. dollars.
More information on the global oil and gas market can be found here.
Market value of oil and gas in the Nordics in 2022, with a forecast for 2030, by application sector
(in billion U.S. dollars)
Characteristic
2022
2030
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Assumes underlying CAGR of 12.65 percent for the residential sector, 13.15 percent for the industrial sector, and 14.03 percent for the commercial sector.
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Kings Research. (November 27, 2023). Market value of oil and gas in the Nordics in 2022, with a forecast for 2030, by application sector (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 05, 2024, from https://www.statista.com/statistics/1440537/nordics-oil-and-gas-market-value-by-sector/
Kings Research. "Market value of oil and gas in the Nordics in 2022, with a forecast for 2030, by application sector (in billion U.S. dollars)." Chart. November 27, 2023. Statista. Accessed July 05, 2024. https://www.statista.com/statistics/1440537/nordics-oil-and-gas-market-value-by-sector/
Kings Research. (2023). Market value of oil and gas in the Nordics in 2022, with a forecast for 2030, by application sector (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 05, 2024. https://www.statista.com/statistics/1440537/nordics-oil-and-gas-market-value-by-sector/
Kings Research. "Market Value of Oil and Gas in The Nordics in 2022, with a Forecast for 2030, by Application Sector (in Billion U.S. Dollars)." Statista, Statista Inc., 27 Nov 2023, https://www.statista.com/statistics/1440537/nordics-oil-and-gas-market-value-by-sector/
Kings Research, Market value of oil and gas in the Nordics in 2022, with a forecast for 2030, by application sector (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1440537/nordics-oil-and-gas-market-value-by-sector/ (last visited July 05, 2024)
Market value of oil and gas in the Nordics in 2022, with a forecast for 2030, by application sector (in billion U.S. dollars) [Graph], Kings Research, November 27, 2023. [Online]. Available: https://www.statista.com/statistics/1440537/nordics-oil-and-gas-market-value-by-sector/