The forecast for the final consumption of gas oil and diesel oil (excluding biofuel portion) in the UK's agriculture and forestry sector indicates a steady increase from 2024 to 2028. The consumption is projected to grow from 3.41 thousand gigawatt-hours in 2024 to 3.49 thousand gigawatt-hours in 2028. In 2023, the value was also 3.41 thousand gigawatt-hours, setting a baseline for the forecast years. The year-on-year percentage change shows a consistent growth, though relatively moderate, reflecting the sector's stable energy requirements. The compound annual growth rate over the forecast period is estimated to be modest.
Future trends to watch for include:
- Potential impact of government policies promoting renewable energy and reducing fossil fuel dependency.
- Technological advancements in farming and forestry that might alter energy consumption patterns.
- Fluctuations in global fuel prices that could affect operational costs and consumption behavior.
- Environmental considerations and possible legislative changes aimed at promoting sustainability in the agriculture and forestry sectors.
