In 2023, the production of pure biodiesels in the UK stood at approximately 22.95 thousand terajoules. Forecasts indicate a steady annual growth, with values expected at 23.91 for 2024, reaching 27.89 by 2028. The year-on-year growth rate is approximately 4.23% from 2023 to 2024, stabilizing around a similar range thereafter. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is projected at 4.01%.
Future trends to watch in the sector include advancements in biodiesel production technology, potential regulatory changes on renewable fuels, and growing investments in green energy infrastructure, which may further accelerate production growth.
