In 2023, the final consumption of gas oil and diesel oil in the chemical and petrochemical sectors of the UK stood at 86.0 thousand tonnes of oil equivalent. The forecast from 2024 to 2028 shows a steady decline in consumption. Year-on-year, the consumption is projected to decrease by approximately 1.08% in 2025, 1.07% in 2026, 1.06% in 2027, and 1.04% in 2028. The Compound Annual Growth Rate (CAGR) indicates a consistent decline of around 1.13% over the five-year period.

Future trends to watch for:

Pursuit of green and renewable alternatives might influence a faster decline in traditional fuel consumption.
Technological advancements in the chemical and petrochemical sectors could further reduce dependency on gas oil and diesel oil.
Regulatory measures and government policies towards sustainability and emissions could accelerate changes in consumption patterns.