As of 2023, the final consumption of gas oil and diesel oil (excluding biofuel) in the UK's rail transport was 27 thousand terajoules. The forecasted data suggests a steady but modest annual growth from 2024 through 2028, with values ranging from 27.25 to 27.57 thousand terajoules. Year-on-year variations show a consistent growth pattern of approximately 0.29% annually. The compound annual growth rate (CAGR) for this period is estimated at 0.29%, indicating a stable consumption trajectory.
Future trends to monitor include the impact of governmental policies promoting greener alternatives and technological advancements in rail transport, which could influence the demand for traditional fossil fuels. Additionally, fluctuations in global fuel markets and economic conditions might alter these forecasts.
