Forecast: Kerosene-Type Jet Fuel (Excluding Biofuel Portion) Available for Final Consumption in Finland

The kerosene-type jet fuel consumption in Finland has seen significant variations over the years. Starting at 7.14 thousand terajoules in 2013, it peaked at 11.0 thousand terajoules in 2016 before declining sharply to 2.6 thousand terajoules in 2021. By 2023, the value stood at 7.78 thousand terajoules. The year-on-year variation has been quite volatile, with a notable 206.53% increase in 2022 followed by a slight decrease of 2.35% in 2023. The 5-year CAGR indicates an average annual decline of 0.91% up to 2023.

Forecasts from 2024 to 2028 suggest a continual slight decline, with a 5-year CAGR projected at -1.98%, resulting in a 9.52% reduction overall by 2028. The expected value by 2028 is 6.87 thousand terajoules.

Future trends to watch for include advances in aviation technology, improved fuel efficiency, and potential shifts toward biofuels. Economic factors and policy changes aimed at reducing carbon emissions could further influence the consumption patterns of kerosene-type jet fuel in the coming years.