The naphtha imports to the UK are forecasted to steadily increase from 23.77 thousand gigawatthours in 2024 to 26.47 thousand gigawatthours by 2028. As of 2023, the data on actual imports is not specified, but given that 2024 data is forecasted, the value is expected to be higher. The year-on-year growth from 2024 to 2028 shows consistent increases, suggesting a rising demand for naphtha imports. With a compound annual growth rate (CAGR) indicating average growth over the period, there is a clear upward trend in naphtha import volumes.
Future trends to watch:
- Changes in UK energy policy impacting import needs.
- Global market dynamics affecting naphtha supply and pricing.
- Potential technological advances in naphtha processing and usage.
- Shifts in domestic production or substitutes influencing import levels.
