In 2023, UK's patent fuel imports stood at 678 Terajoules. The forecast suggests a gradual decline, with imports reducing to 670.26 Terajoules in 2028. The year-on-year percentage variation indicates a consistent downward trend over the forecast period, with the largest anticipated decrease seen between 2024 and 2028. The compound annual growth rate (CAGR) over these five years highlights a steady decline in patent fuel imports, driven by various factors, potentially including increased domestic production, energy policy shifts, or changes in demand.
Key future trends to watch for include advancements in renewable energy technologies, policy changes within the energy sector, and shifts in global energy markets, all of which could further impact the UK’s reliance on imported patent fuels.
