The consumption of kerosene-type jet fuel in the UK is on an upward trend, with forecasts indicating a steady increase from 381.18 thousand terajoules in 2024 to 410.72 thousand terajoules by 2028. Compared to pre-2024 actual data, consumption is expected to showcase significant growth. Year-on-year growth is modest yet consistent, indicating a progressive recovery or expansion in aviation activity. As for the compound annual growth rate (CAGR) from 2024 to 2028, it maintains a positive trajectory, underscoring a strengthening demand for aviation fuel.
Future trends to watch for:
- The impact of sustainable aviation fuel developments on jet fuel consumption patterns.
- Adjustments in aviation policies, environmental regulations, and economic conditions influencing demand.
- Technological advancements in aircraft efficiency that might alter fuel consumption.