The forecast for the UK's value-added in coke and refined petroleum products shows a steady increase from 4.59 billion pounds sterling in 2024 to 5.14 billion in 2028. The year-on-year growth rates from 2024 to 2028 range from approximately 3% to 3.3%. Prior to 2024, the sector's value stood at 4.45 billion pounds in 2023. The compound annual growth rate (CAGR) over the next five years is estimated at around 2.9%, indicating a consistent upward trend.

Future trends to watch include:

Impact of environmental policies and the shift towards sustainable energy sources.
Technological advancements in refining processes.
Fluctuations in global oil prices affecting the UK market.
Potential changes in trade relations post-Brexit influencing supply chains and operations.