The primary solid biofuels available for final consumption in the UK have shown a positive growth trend from 2023 to 2028. Starting at a baseline value in 2023, the forecast data indicates a consistent rise from 3.85 million tonnes of oil equivalent in 2024 to 4.35 in 2028. The average annual growth rate (CAGR) over this period is approximately 2.5%. Year-on-year variations highlight incremental growth, with around a 3% increase each subsequent year.
Future trends to watch for include the potential impact of regulatory changes and innovations in biofuel technology, which may influence demand and availability, along with the interplay between biofuels and other renewable energy sources that could shift consumption preferences.
