The analysis of motor fuel deliveries in Australia shows a generally declining trend from 2013 to 2023, with a slight rebound in certain years. In 2023, the value stood at 1.86 metric tons per road motor vehicle, representing a 0.48% decrease year-on-year. The last two years show a consistent decline (-0.026% and -0.48% respectively). The average annual variation over the last five years is -1.41%.
Looking ahead, the forecast indicates a continued decrease, with an estimated value of 1.82 metric tons per road motor vehicle by 2028. The forecasted 5-year CAGR is -0.32%, and the forecasted 5-year growth rate is -1.61%.
Future trends to watch for include:
- Potential impacts of electric vehicle adoption on fuel demand
- Government policies aimed at reducing carbon emissions
- Technological advancements in fuel efficiency
