Forecast: Gas Oil and Diesel Oil (Excluding Biofuel Portion) Final Consumption in Non-Metallic Minerals Sector in the UK

The forecast for the final consumption of gas oil and diesel oil in the UK's non-metallic minerals sector indicates a gradual decline from 2024 to 2028. Comparing the data, the year-on-year decline is relatively consistent, with 2024 showing the highest consumption at 154.74 thousand tonnes of oil equivalent, decreasing to 151.51 thousand tonnes by 2028. This represents a compound annual growth rate (CAGR) of approximately -0.54% over these five years. The consumption in 2023 stood at 155.55 thousand tonnes, indicating a downward trend continuing from that year forward.

Future trends to watch for include:

  • The impact of sustainable energy policies on reducing fossil fuel consumption in the industrial sectors.
  • Technological advancements in non-metallic mineral processing that could further influence fuel usage.
  • Market shifts towards alternative fuels and their adoption rates in this sector.

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