The final consumption of renewables and biofuels in agriculture and forestry in the UK showed a forecasted decline from 4.14 thousand terajoules in 2024 to 3.71 thousand terajoules in 2028, indicating a decreasing trend. In 2023, the consumption was recorded at 4.25 thousand terajoules, marking a significant decline over the forecast period.
Year-on-year variations are negative, highlighting a consistent reduction in consumption: 2024 to 2025 shows a -2.66% change, 2025 to 2026 a -2.73% change, 2026 to 2027 a -2.81% change, and 2027 to 2028 a -2.62% change. The Compound Annual Growth Rate (CAGR) over the five years is -2.68%, indicating a steady annual decline.
Future trends to watch include technological advancements in biofuels, policy changes promoting sustainable practices, and increasing demand for green energy in agriculture, which could significantly influence these forecasts. Monitoring developments in these areas will be crucial for adjusting strategic approaches in the sector.
