As of 2023, the UK imported diesel generating sets of an output less than 75 kVA with a volume of 6.08 million kilograms. Looking forward, forecasts predict a steady increase in imports, with estimated values of 6.08 million kilograms in 2024, 6.17 million in 2025, 6.25 million in 2026, 6.33 million in 2027, and 6.41 million in 2028.
Year-over-year growth is projected with moderate increments: 1.40% in 2025, 1.35% in 2026, 1.31% in 2027, and 1.26% by 2028. Over this five-year horizon, the compound annual growth rate is about 1.33%.
Future trends to watch for:
- Fluctuations in energy demand and cost-effectiveness of alternative energy sources could significantly impact import volumes.
- Technological advancements in efficiency and emissions could influence market demand.
- Policy regulations on carbon emissions and import tariffs may reshape the landscape.