The domestic material consumption of land transport fuel in the UK is on a declining trend from 2024 to 2028, with a consistent decrease in metric tons per capita observed each year. The year-on-year variation shows a steady decline of approximately 5.6% each year. Over the five-year period, the compound annual growth rate (CAGR) indicates an average annual decrease of around 5.6%.
Future trends to watch for:
- Increasing adoption of electric vehicles which could further decrease fuel consumption.
- Government policies and incentives geared towards sustainable transportation.
- Technological advancements in fuel efficiency that might slow the rate of decline.