The transformation output of gas oil and diesel oil in the UK, excluding biofuel, is on a declining trend from 2024 to 2028, starting from 801.68 thousand terajoules in 2024 and expected to decrease to 748.88 thousand terajoules by 2028. From 2023, this indicates a year-on-year decline, averaging a compound annual growth rate (CAGR) that is negative over the 5-year period. The data suggests a consistent decrease with an anticipated year-on-year reduction of around 1.73% from 2024 to 2025, and continuing approximately at the same rate until 2028.
Future trends to watch out for include potential shifts in energy policy, technology advancements in renewables, and economic factors that could further influence the demand and transformation of gas oil and diesel oil products. Monitoring these elements will be crucial for anticipating market changes beyond forecasted values.
