The data on fuel oil final consumption in domestic navigation in Turkey show a significant decline from 2013 to 2016, followed by years of relatively low but stable consumption from 2017 to 2020. There was a notable drop of 60.08% in 2020, followed by a slight recovery with a substantial increase of 342.68% in 2022. The consumption stood at 1.15 Thousand Gigawatthours in 2023, showing a 13.25% year-on-year increase from 2022. Over the last five years, the compound annual growth rate (CAGR) averaged 24.14%, though the forecasted CAGR for the next five years indicates a slight decrease of 0.28%, forecasting stability rather than growth.
Future trends to watch for include potential shifts in regulatory policies on maritime fuel emissions, advancements in alternative fuels, and economic factors influencing domestic navigation activities. Monitoring technological innovations in maritime fuel efficiency and potential industry transitions towards greener energy sources will be crucial in forecasting long-term consumption patterns.