Key Market Indicators
Emirati fuel imports are projected to surge to approximately 20,300 cubic meters by 2028, up from around 13,100 cubic meters in 2023. This reflects an average annual growth rate of 6.8%. The demand for fuel in the Emirates has seen a significant increase, rising by 13.4% annually since 1997. On the export front, Emirati fuel exports are expected to climb to about 910 cubic meters by 2028, from roughly 720 cubic meters in 2023. This represents a compound annual growth rate (CAGR) of 3.7%. Emirati fuel supply has experienced a substantial growth, with an annual increase of 18.2% since 1997.
