Analysis of historical data shows fluctuating patterns, with a significant drop in 2017 (-48.51%) and substantial growth in 2022 (+97.54%). In 2023, the increase moderated to 11.76%. The forecast from 2023 to 2028 indicates a steady increase, with a 5-year CAGR of 2.81% and an overall growth rate of 14.86%.
Future trends suggest that external factors such as advancements in aviation technology, changes in travel behavior, and possible shifts towards biofuels could influence the kerosene-type jet fuel demand. Monitoring these trends will be crucial for accurate forecasting and strategic planning.
