As of 2023, the consumption of aviation gasoline in international aviation in the UK stood at approximately 17.68 thousand tonnes of oil equivalent. Over the forecasted period from 2024 to 2028, there is a positive upward trend, with estimated increases each year. This upward tendency reflects a consistent year-on-year growth of approximately 4.7% annually, resulting in a compound annual growth rate (CAGR) of around 4.3% over the five years.
Future Trends to Watch For:
- Advancements in eco-friendly aviation technologies that could influence fuel consumption patterns.
- The impact of regulatory changes aimed at reducing carbon emissions in the aviation sector.
- Evolving economic conditions and air travel demand post-2023, shaping aviation fuel needs.