Forecast: Aviation Gasoline Final Consumption in Domestic Aviation in Belgium

The consumption of aviation gasoline in Belgium’s domestic aviation sector saw a significant decrease from 2013 to 2023, with values falling from 39.6 Terajoules in 2013 to 23.88 Terajoules in 2023. The consumption experienced fluctuations, including a notable decline in 2020 and a slight recovery in 2022. The year-on-year variation over the past two years reflected a decrease of 1.73% in 2023.

Key trends and variations over recent years include:

  • 2013 to 2014 saw a brief increase of 11.11%.
  • Notable declines in 2015 and 2016, including a significant drop of 30% in 2015.
  • Stable consumption levels from 2017 to 2019.
  • Persistent declines from 2020 onwards, with substantial decreases in 2020 and 2021.
  • The 5-year CAGR leading up to 2023 was -1.99%.

Future trends to be observed include a continued decrease in consumption, with forecasted values dropping to 18.47 Terajoules by 2028. The forecasted 5-year CAGR from 2024 to 2028 stands at -4.04%, indicating a consistent reduction in aviation gasoline usage. Key factors to monitor include developments in more fuel-efficient aircraft, the adoption of alternative fuels, and changes in regulations or travel behaviors that may further impact aviation gasoline consumption.