The forecast for kerosene-type jet fuel available for final consumption in Denmark shows a gradual decline from 2024 to 2028. In 2023, the consumption stood at 2.29 thousand terajoules. Starting from 2.24 thousand terajoules in 2024, the value decreases to 2.05 by 2028. The year-on-year variation indicates a consistent decline of approximately 2.23% from 2024 to 2025, followed by similar rates in subsequent years. The compounded annual growth rate (CAGR) over this five-year forecast period is approximately -2.16%, signifying an average annual reduction.
Trends to watch for:
- Technological advancements in alternative fuels and green aviation initiatives could further impact traditional jet fuel consumption.
- Regulatory changes and environmental policies may accelerate the shift towards biofuels and other sustainable options.
- Market dynamics and fluctuations in air travel demand, influenced by economic and geopolitical factors, will also play a significant role in future consumption patterns.