The forecast for the UK's gas oil and diesel oil consumption in international maritime bunkers shows a steady increase from 2024 to 2028, starting at 20.9 thousand gigawatt hours in 2024 and reaching 22.16 thousand gigawatt hours by 2028. In 2023, the consumption stood at 20.5 thousand gigawatt hours, indicating a moderate upward trend. The projected year-on-year growth rates indicate a gradual increase, averaging a Compound Annual Growth Rate (CAGR) of around 1.5% over the five-year period.
Future trends to observe in this sector include the impact of international regulations on emissions, technological advancements in maritime fuel efficiency, and shifts towards alternative fuels. Monitoring these trends will be critical for forecasting long-term consumption patterns.
