The UK's natural gas trade balance, expressed in Metric Tons Per Capita, was forecasted to stand at 0.27 in 2024, following an actual value from 2023. The projections for the subsequent years indicate slight year-on-year increments, reaching up to 0.29 by 2028. Specifically, the values for 2025, 2026, 2027, and 2028 show stable but small increases, signifying a gradual positive trend in the trade balance.
Key points to note are:
- From 2023 to 2024, the increase is expected to be minimal.
- The value remains steady at 0.28 from 2025 to 2026.
- A slight increase to 0.29 is forecasted by 2027, maintained in 2028.
Watch for future trends concerning:
- The impact of geopolitical developments on natural gas imports and exports.
- Advances in energy technology and shifts toward renewable energy sources.
- Economic policies and regulations affecting the natural gas market.
- Factors influencing global natural gas prices and supply chain dynamics.