The projected growth of the UK's pure biodiesels imports from 2024 to 2028 indicates a steady upward trend. Starting at 13.54 thousand gigawatt hours in 2024, the imports are expected to reach 16.07 thousand gigawatt hours by 2028. Comparing 2024 to 2023, there is an anticipated increase as the imports stood at a lower value the prior year.
- Year-on-year growth is approximately 4.8% from 2024 to 2025, 4.5% from 2025 to 2026, 4.2% from 2026 to 2027, and 4.0% from 2027 to 2028.
- The five-year compound annual growth rate (CAGR) is projected to be around 4.3%.
In the future, trends to watch include technological advancements in biodiesel production, changes in UK energy policies post-Brexit, and shifts in global biodiesel supply and demand influenced by environmental goals and political dynamics.
