Global Fuels Trends in 2024
Fuels is part of Refined Products and includes a number of sub-sectors such as Coke. You may also be interested in Hydrogen, Naphtha and Bitumen.
Global fuel imports are projected to reach approximately 5.53 million cubic meters by 2028. This marks a modest increase from the 5.31 million cubic meters recorded in 2023, reflecting a compound annual growth rate (CAGR) of 0.6%. Despite this projected growth, global demand for fuel has seen a decline since 1966, decreasing by an average of 1.2% per year. On the export front, global fuel exports are anticipated to hit nearly 7.94 million cubic meters by 2028, up from around 7.54 million cubic meters in 2023. This represents an annual growth rate of 0.8%. However, the overall global supply of fuel has experienced a slight downturn since 1966, with an average annual decrease of 0.4%.
Top 10 countries
In 2024 major markets in the Fuels Industry were:
World Fuels Market Data and Forecasts
How much the Fuels industry is expected to grow to 2028?
World Fuels Top Rankings
Global Fuels Statistics
- Greenhouse Gas Emissions 223 countries (Asia, Europe, Southeast Asia...)
- Coke Export 136 countries (Asia, Europe, Southeast Asia...)
- Coke Import 174 countries (Asia, Europe, Southeast Asia...)
- Coke Demand 99 countries (Asia, Europe, Southeast Asia...)
- Mortality Rate 249 countries (Africa, Sub-Saharan Africa, Europe...)
- Final Consumption Expenditures 222 countries (Europe, Southern Europe, Eastern Europe...)
- Diesel Import 206 countries (Africa, Sub-Saharan Africa, Asia...)
- Disability-Adjusted Life Years 227 countries (Africa, Sub-Saharan Africa, Latin America...)
- Diesel Export 205 countries (Africa, Sub-Saharan Africa, Europe...)
- Liquefied Petroleum Gas Demand 101 countries (Europe, Southern Europe, Northern Europe...)