The forecast for the UK's naphtha closing stock from 2024 to 2028 shows a consistent decline in volume. In 2023, the actual closing stock stood at 63 thousand metric tons. Year-on-year variations reveal a steady downward trend: 2025 forecasts show a decrease of 16.4%, 2026 forecasts a further 19.5% drop, and by 2027 and 2028, the projections indicate declines of 23.6% and 30.3%, respectively. The compound annual growth rate (CAGR) over this five-year period anticipates a significant reduction of 19.1% per year on average.
Future trends to watch for include the impact of evolving regulatory policies on fossil fuel use, shifts in demand from petrochemical industries, and potential advances in alternative feedstocks. Monitoring geopolitical factors that could affect supply chains will also be essential for understanding future oil derivative market behaviors.
