The kerosene-type jet fuel available for final consumption in the UK saw varied growth from 2013 to 2023, standing at 983.54 thousand tonnes of oil equivalent in 2023. Significant fluctuations occurred over the decade, with noticeable dips in 2015 and steady recovery in the following years. The years 2021 to 2023 showed modest year-on-year increases, reflecting a period of stabilization.
Forecasted data for 2024 to 2028 suggests a continued upward trajectory with a 5-year CAGR of 1.13%, indicating steady improvement. By 2028, jet fuel availability is projected to increase by 5.76% from 2023 levels.
Future trends to watch for include:
- Global demand changes due to shifts in aviation industry dynamics.
- Technological advancements in aircraft fuel efficiency.
- Emergence of alternative aviation fuels impacting traditional fuel consumption.
- Regulatory policies affecting the overall fuel supply chain.
