The forecast for the availability of natural gas for final consumption in the UK shows a steady decline from 2024 to 2028, decreasing from 37.23 million tonnes of oil equivalent to 35.86 million tonnes. In 2023, the value stood at 37.60 million tonnes, indicating a gradual reduction over the years. The year-on-year percentage variation reveals a consistent drop, highlighting a decreasing trend. The five-year compound annual growth rate (CAGR) reflects an average yearly decrease, signaling a contracting market in the forecast period.
Future trends to watch for include the impact of renewable energy adoption on natural gas demand, potential changes in energy policy and regulations, and technological advancements improving natural gas efficiency. Monitoring these factors will be crucial for understanding the UK's energy consumption patterns.
