In 2023, direct on-farm energy consumption in the UK stood at approximately 1.18 million tonnes of oil equivalent. From 2024 to 2028, forecasted values show a gradual decline, with consumption slightly decreasing yearly. The year-on-year variation indicates a minor, steady drop, with no changes between 2025 and 2026, and 2027 and 2028. The compound annual growth rate (CAGR) analysis over the five-year forecast period reveals a small annual reduction, indicating a consistent but modest downward trend in energy use.
Future trends to watch for:
- Technological advancements in agriculture that might further decrease energy consumption.
- Policy changes related to energy efficiency and sustainability in farming.
- Potential impacts of fluctuating energy prices on consumption patterns.
Latest reports
US Energy Market Report- Q4 2024
The fourth quarter of 2024 has been transformative for the US energy market, characterized by substantial growth in renewable energy sectors and strategic...
China Energy Market Report- Q4 2024
The fourth quarter of 2024 has been a pivotal period for China's energy market, marked by significant developments across various segments. This summary...
Japan Energy Market Report- Q4 2024
In the fourth quarter of 2024, the energy sector in Japan underwent significant transformations driven by policy shifts, technological advancements, and market dynamics....
Germany Energy Market Report- Q4 2024
The fourth quarter of 2024 marks a pivotal period for the energy landscape in Germany, characterized by significant advancements and challenges across various...
India Energy Market Report- Q4 2024
The fourth quarter of 2024 marked a period of transformative developments within India's energy market, driven by significant milestones in renewable energy and...
France Energy Market Report- Q4 2024
The France energy market in Q4 2024 is characterized by a complex interplay of renewable energy expansion, nuclear energy challenges, and economic pressures....
Canada Energy Market Report- Q4 2024
In Q4 2024, the Energy Canada market experienced dynamic shifts with notable developments across oil, gas, and renewable energy sectors. Key drivers included...
Brazil Energy Market Report- Q4 2024
In Q4 2024, Brazil's energy sector is characterized by significant advancements and strategic shifts, particularly in renewable energy adoption and traditional fuel production....
South Korea Energy Market Report- Q4 2024
The South Korea energy market in Q4 2024 is characterized by significant shifts towards renewable energy, strategic policy changes in nuclear energy, and...
Australia Energy Market Report- Q4 2024
In the fourth quarter of 2024, Australia's energy market has experienced significant transformations driven by advancements in renewable energy projects, strategic investments, and...
