The kerosene-type jet fuel (excluding biofuel portion) in the UK is projected to experience consistent decreases in stock from 2024 through 2028, with a forecasted year-on-year reduction of approximately -6.5% annually. This trend reflects a continuation of the decline observed prior to 2024, when jet fuel stocks stood at a higher level. For the entire period of 2024 to 2028, a compound annual growth rate (CAGR) of -6.5% is anticipated, indicating a steady contraction in stock levels.
Looking forward, it is crucial to monitor the evolving dynamics of air travel demand, which can significantly influence fuel consumption patterns. Additionally, changes in regulatory policies aimed at reducing carbon emissions may impact the market, possibly altering the trajectory of jet fuel stock levels in the coming years.
