The forecast for the UK's Liquefied Petroleum Gases (LPG) refinery output shows a slight but steady decline from 2024 to 2028, starting at 2.31 Million Tonnes of Oil Equivalent in 2024 and decreasing to 2.26 by 2028. This suggests a gradual decrease at an estimated compound annual growth rate (CAGR) of approximately -0.5% over the forecast period. In 2023, the output stood at slightly higher levels, indicating an ongoing downward trend over these years.

Future trends to watch for in the UK LPG market include:

Technological advancements in refining processes which could enhance efficiency.
Policy shifts towards renewable energy that could impact LPG demand and production.
Global market dynamics and geopolitical factors affecting raw material availability and prices.