The forecast for Pure Biodiesels Gross Inland Consumption in the UK shows a steady increase from 1.45 Million Tonnes of Oil Equivalent (MTOE) in 2024 to 1.7 MTOE in 2028. The annual year-on-year growth displays a consistent rise of around 4% to 5%. Compared to an estimated consumption of around 1.39 MTOE in 2023, this indicates a clear upward trend, suggesting a growing demand for biodiesels.
Future trends to watch for include:- Technological advancements in biodiesel production- Policy changes regarding renewable energy- Market dynamics and their impact on domestic production and imports
