In 2024, the forecasted consumption of gas oil and diesel oil for the UK’s paper, pulp, and printing sectors is expected to reach 355.5 GWh. This forecast shows a stable pattern with minimal annual growth of approximately 0.01% from 2024 to 2028. In comparison, consumption in 2023 was similar, indicating almost negligible growth in the subsequent years.
Considering the flat year-on-year variation and forecasted CAGR near zero over the five-year period through 2028, consumption levels are expected to remain stable in the absence of significant industry disruptions or shifts.
Future trends to watch for include the adoption of alternative energy sources due to environmental regulations, technological advancements, and potential shifts in market dynamics affecting oil demand in these industrial segments.
