The forecast for gas oil and diesel oil consumption in the UK's transport equipment sector shows a gradual increase from 2024 to 2028, moving from 2.08 to 2.21 thousand gigawatthours. This represents a steady year-on-year growth of approximately 1.44% to 1.41%. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately 1.53%. In 2023, this consumption was slightly lower, indicating a growing demand in this sector.

Future trends to watch for include:

Potential shifts towards more sustainable fuels as regulatory pressure increases.
Technological advancements in transport equipment that might alter energy consumption patterns.
Economic factors that could influence transport activity levels and hence energy demand.