The bitumen stock change in the UK shows a consistent declining trend from 2024 to 2028, with values dropping from -20,810 tonnes of oil equivalent in 2024 to -26,740 in 2028. Each year, the stock declines slightly more than the last, with annual reductions escalating around 6% to 7%. This ongoing decline since post-2023 highlights diminishing reserves or shifts in inventory strategies in the bitumen market.
Future trends to watch for include:
- Shifts in demand for infrastructure projects that rely on bitumen.
- Innovations in bitumen alternatives or substitutes.
- Regulatory changes impacting bitumen production and usage.
