The forecast for gas oil and diesel oil final consumption in the UK industry from 2024 to 2028 shows a consistent downward trend. In 2023, the actual consumption was at 14.08 thousand gigawatthours. This figure is projected to decline each year, with the following year-on-year decreases anticipated: 5% in 2024, 5% in 2025, 5.11% in 2026, and 5.42% in 2027, culminating in a 5.51% reduction by 2028. The compound annual growth rate (CAGR) over the five-year period suggests an average annual decline of about 5.5%.

Future trends to watch for:

The impact of potential policy changes targeting carbon emissions reductions in the UK.
Enhanced technological advancements and increased adoption of energy-efficient practices in industries.
Volatility in international oil markets, which might influence domestic consumption patterns.
The growth of alternative energy sources which could further decrease the demand for gas oil and diesel oil.