In 2023, the UK imported an estimated 350 million kilograms of liquefied butanes. The forecasted increase to 356.63 million kilograms in 2024 reflects a steady growth trend. From 2024 to 2028, imports are projected to grow at a compound annual growth rate (CAGR) of approximately 1.7%. The year-on-year growth maintains a consistent upward trend, with slight incremental increases each year, indicating a stable demand and supply balance for liquefied butanes.
Future trends to watch for include potential shifts in global energy markets, regulatory changes impacting fossil fuel imports, and advances in alternative energy sources, which could alter import dynamics and demand levels significantly.
