In 2023, the consumption of kerosene-type jet fuel in international aviation in Denmark stood at 1,070 thousand tonnes of oil equivalent, showcasing a strong rebound with a year-on-year increase of 17.14%. This recovery follows significant fluctuations due to the COVID-19 pandemic, notably a drastic drop in 2020 by 68.18% and substantial recovery phases in 2021 and 2022.

Analyzing the long-term trends, the last 5-year CAGR from 2019 to 2023 was at 0.89%, highlighting moderate growth due to volatile market conditions in this period. Moving forward, the forecasted CAGR for the next 5 years up to 2028 is 0.86%, with a total growth rate of 4.37% over this span, suggesting a steady but modest increase in jet fuel consumption.

Future trends to watch for: