Over the past decade, Denmark's Kerosene-Type Jet Fuel consumption has exhibited notable volatility. After a steady increase from 31.28 thousand terajoules in 2013 to a peak of 40.63 thousand terajoules in 2019, the consumption plunged dramatically by 68.19% in 2020 due to the COVID-19 pandemic. Since then, consumption has recovered significantly, reaching 44.6 thousand terajoules by 2023, with a projected growth of 13.86% over the next five years and an average annual growth rate (CAGR) of 2.63% for 2023-2028.
Future trends to monitor include the impact of sustainable aviation fuels and regulatory changes aimed at reducing carbon emissions. Additionally, fluctuations in global air travel demand due to economic, health, or geopolitical factors will play a critical role in shaping consumption trends.
