Key Market Indicators
American fuel imports are projected to decline to approximately 70,000 cubic meters by 2028, down from around 91,000 cubic meters in 2023. This marks an annual decrease of 4.1% in the compound annual growth rate (CAGR). Historical data indicates that American fuel demand has been on a downward trend since 1997, decreasing by 11.3% year on year. In contrast, American fuel exports are expected to rise significantly, reaching about 137,000 cubic meters by 2028, up from roughly 81,000 cubic meters in 2023. This represents an average annual growth rate of 8.2%. Despite this upward trend in exports, the overall supply of American fuel has experienced a substantial decline since 1997, falling by 26% year on year.
