Forecast: Gas Oil and Diesel Oil (Excluding Biofuel Portion) Final Consumption in Domestic Navigation in the UK

The forecasted final consumption of gas oil and diesel oil (excluding biofuel) for domestic navigation in the UK shows a consistent growth trajectory from 37.81 thousand terajoules in 2024 to 38.66 thousand terajoules in 2028. This trend indicates an average annual growth rate (CAGR) of approximately 0.56% over the five-year period. From 2023 to 2024, there is an increase of about 0.58%, demonstrating moderate but steady demand growth in this sector.

Future trends to watch for include:

  • Technological advancements in fuel efficiency for marine vessels.
  • Regulatory changes targeting emissions from navigation fuels.
  • Potential shifts towards alternative energy sources pushed by environmental policies.

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