The UK's natural gas imports saw a steady increase from 2024 to 2028, with values rising annually from 513.85 to 548.15 Thousand Gigawatthours. For context, imports in 2023 were significantly lower at around 505 Thousand Gigawatthours, indicating a steady upward trend.
Year-on-year growth rates remain consistent, averaging approximately 1.6% annually from 2024 to 2028. Over these five years, the compounded annual growth rate (CAGR) further underscores this regular increase, highlighting gradual import growth.
Future trends to watch include:
- Potential shifts in energy policies affecting natural gas demand.
- Changes in global energy markets impacting import prices and supply chains.
- The impact of renewable energy adoption on natural gas needs.
