Forecast: Gas Oil and Diesel Oil (Excluding Biofuel Portion) Imports to the UK

The UK's imports of gas oil and diesel oil (excluding biofuel) are projected to increase from 18.35 million tonnes of oil equivalent in 2024 to 20.28 million tonnes by 2028. Compared to 2023, this signals a steady growth trajectory, with an annual growth rate of approximately 1% over the next five years.

Key future trends to watch include:

  • Potential policy shifts in the UK's energy strategy, especially concerning emissions targets and renewable energy adoption, which may impact oil imports.
  • Global market dynamics, such as supply chain disruptions or geopolitical developments, influencing oil availability and prices.
  • Technological advancements in alternative energy solutions potentially reducing reliance on oil imports.

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