Forecast: Energy Consumption in Transport in South Korea

In 2024, the forecasted energy consumption in transport in South Korea stands at 19.34% of total energy consumption. This figure shows a slight but consistent downward trend over the subsequent years, falling to 19.28% in 2025, 19.22% in 2026, 19.17% in 2027, and 19.11% by 2028. When examining the year-on-year variation, the decline is gradual, reflecting minor decreases each year.

Future trends to watch for include:

  • The impact of advancements in fuel efficiency and alternative energy sources on overall transport energy consumption.
  • Government policies promoting sustainable energy use and their influence on consumption patterns.
  • Technological developments such as electric and hydrogen vehicles, and their market penetration.

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