The forecasted bitumen stock change in the UK from 2024 to 2028 shows a consistent decline. Starting in 2024, the forecast anticipates a decrease from -871.25 Terajoules, reaching -1120 Terajoules by 2028. This downward trend indicates a growing deficit in bitumen stock over the five years.
Year-on-year, the stock change suggests increasing stock depletion, with notable percentage declines each year. The compound annual growth rate over these years reflects an average annual decline, pinpointing worsening stock changes year by year.
Future trends to watch for include fluctuations in demand for bitumen, changes in construction activity levels, and potential policy shifts affecting bitumen imports or production. Monitoring these factors will be crucial for adjusting to the evolving bitumen stock landscape in the UK.
