Forecast: Gas Oil and Diesel Oil (Excluding Biofuel Portion) Final Consumption in Wood and Wood Products Sector in the UK

As of 2023, the final consumption of gas oil and diesel oil in the UK wood and wood products sector was 1.46 thousand terajoules. The projected consumption is forecast to grow steadily from 2024 to 2028, reaching 1.62 thousand terajoules. This represents a continuous increase each year, with a compound annual growth rate (CAGR) of approximately 2.1% over this period. The trend indicates progressive adoption or intensified use of gas oil and diesel oil, consistent with anticipated industrial growth and operational needs.

Future trends to watch for include potential shifts driven by regulatory policies promoting greener alternatives, technological advances in wood processing that may alter energy requirements, and fluctuations in oil prices affecting consumption patterns.

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