The forecast for kerosene-type jet fuel available for final consumption in the UK from 2024 to 2028 shows a steady annual growth. In 2023, the actual consumption was recorded at 41.2 thousand terajoules. From 2024 to 2028, the year-on-year percentage variation is consistent, indicating a healthy increase with an average Compound Annual Growth Rate (CAGR) of approximately 1.4% over the five-year period. This suggests a gradual recovery and expansion in the aviation sector's energy needs.
Future trends to watch for include:
- The integration of sustainable aviation fuels (SAFs) and their impact on traditional kerosene-type jet fuel demand.
- Advancements in aircraft technology aimed at improving fuel efficiency and their influence on fuel consumption patterns.
- Potential regulatory changes in the UK aimed at reducing carbon emissions, which could affect fuel mix and consumption trends in aviation.