Forecast: Motor Gasoline (Excluding Biofuel Portion) Refinery Output in the UK

In 2023, the UK refinery output of motor gasoline (excluding biofuel) stood at 191.02 thousand gigawatt hours. Analyzing the year-on-year variation over the past two years, there is a downward trend with decreases of 1.64% in 2022 and 1.63% in 2023. The Compound Annual Growth Rate (CAGR) over the last five years reveals an average annual decrease of 1.48%.

Looking at the forecasts for 2024 to 2028, output is expected to continue declining with a forecasted CAGR of -1.43%, resulting in an overall decrease of 6.96% over five years. By 2028, the output is projected to be 174.49 thousand gigawatt hours.

Future trends to watch for:

  • Impact of regulatory changes on gasoline production and consumption.
  • Technological advancements in refinery processes and efficiency.
  • Market shifts due to increasing adoption of electric vehicles and renewable energy sources.

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