In 2023, the refinery output of kerosene-type jet fuel in the UK was 218 Thousand Terajoules. The forecasted data indicates a gradual decline in output over the next five years, reaching 209.83 Thousand Terajoules by 2028. This reflects a reduction in output of approximately 0.75% year-on-year over the observed period. Notably, the compound annual growth rate (CAGR) from 2024 to 2028 is negative, indicating a consistent downward trend.
Future trends to watch for include potential shifts in demand due to advances in fuel efficiency, changes in airline industry practices, and increased adoption of alternative fuels. Monitoring regulatory developments and technological innovations will be crucial in anticipating future fluctuations in refinery output.
