The forecast for the UK's land transport fuel trade balance from 2024 to 2028 indicates a steady decline, starting from 282.27 thousand metric tons in 2024 to 242.54 thousand metric tons by 2028. Compared to 2023, this represents a consistent yearly decrease in trade volume with notable year-on-year declines of approximately 3.6% for 2025, 3.7% for 2026, 3.7% for 2027, and 3.8% for 2028. The five-year compound annual growth rate (CAGR) reinforces this downward trend, forecasting an average annual reduction in trade balance.

Future trends to watch for include:

Impacts of energy transition policies aiming for reduced dependency on fossil fuels.
Technological advancements in renewable energy and electric vehicles potentially altering fuel demand.
Geopolitical developments that could influence trade agreements and fuel import/export dynamics.