Forecast: Industry Sector Final Consumption of Natural Gas in the UK

In 2023, the UK's industry sector consumed approximately 7.4 Million Tonnes of Oil Equivalent (Mtoe) of natural gas. The forecasted data from 2024 to 2028 indicates a slight decline in consumption, with a 1.5% year-on-year decrease in 2025 and similar reductions of about 1.5% annually in the subsequent years, culminating in a 5-year Compound Annual Growth Rate (CAGR) of -1.5%.

Future trends to watch for:

  • Continued emphasis on renewable energy may accelerate the decline in natural gas consumption in the industrial sector.
  • Technological advancements and energy-efficiency measures could alter these projections.
  • Policy changes related to energy transition and carbon emissions could significantly impact natural gas usage.

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