Forecast: Motor Gasoline (Excluding Biofuel Portion) Imports to the UK

The UK’s motor gasoline imports excluding biofuel were 3.3 million tonnes of oil equivalent in 2023. The forecast for 2024 shows stability at 3.03 million. Slight year-on-year decreases are expected from 2025 onwards, with values decreasing from 2.99 in 2025 to 2.88 by 2028. The compound annual growth rate (CAGR) over five years suggests a gradual decline in imports at nearly -1% annually.

Future trends to watch:

• Increased adoption of electric vehicles, potentially reducing gasoline demand.
• Policies aimed at reducing carbon emissions, impacting gasoline imports.
• Technological advancements in fuel efficiency.