Year-on-year percentage variations based on forecasted data are as follows:
- 2025: (1.68 - 1.65) / 1.65 * 100 ≈ 1.82%
- 2026: (1.71 - 1.68) / 1.68 * 100 ≈ 1.79%
- 2027: (1.75 - 1.71) / 1.71 * 100 ≈ 2.34%
- 2028: (1.78 - 1.75) / 1.75 * 100 ≈ 1.71%
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately 1.81%.
Future trends to observe in the kerosene-type jet fuel market include shifts induced by technological advancements in fuel efficiency, regulatory changes, and fluctuations in air travel demand. Monitoring geopolitical stability and global oil supply dynamics will also be crucial for accurately forecasting future stock levels.
