In 2023, the closing stock of blended biogasoline in the UK stood at a certain level. From 2024 onwards, forecasts indicate a gradual increase in stocks, starting at 58.0 thousand metric tons and rising to 67.0 thousand metric tons by 2028. This demonstrates a steady year-on-year growth pattern, with percentages showing consistent annual increases. Over the five-year span, the compounded annual growth rate (CAGR) provides insight into the average yearly increase.
Future trends to watch for include:
- Government regulations and incentives that may promote biogasoline production and usage.
- Technological advancements in biofuel production that could impact supply levels.
- Market demand for eco-friendly fuel alternatives which could influence future stock levels.
