The supply of aviation gasoline energy in Spain saw significant fluctuations over the years. From a value of 4.23 Thousand Tonnes of Oil Equivalent (TTOE) in 2013, it peaked at 6.35 TTOE in 2015, followed by a steep decline of 50.01% in 2016. A notable recovery and variability ensued, with another dip in 2020 due to the pandemic, followed by a strong rebound of 61.41% in 2021, and a modest increase of 2.36% in 2022. In 2023, the value stood at 5.7 TTOE, exhibiting an 8.68% year-on-year growth.
Forecasts indicate stability, with the supply plateauing at around 5.7 TTOE from 2024 to 2027, and a slight decrease to 5.69 TTOE in 2028. Over the next five years, the compound annual growth rate (CAGR) is projected to be -0.01%.
Future trends to watch for:
- The impact of sustainable aviation fuel (SAF) adoption on traditional aviation gasoline demand.
- Regulatory changes aimed at reducing carbon emissions in the aviation sector.
- Technological advancements in aircraft efficiency and alternative power sources.
- Post-pandemic recovery patterns in travel and their influence on aviation gasoline consumption.
