The supply of Natural Gas Liquids (NGL) in the UK has experienced significant fluctuations over the past decade. After reaching its peak in 2016 with 44.51 Thousand Gigawatthours, it saw a pronounced decline, hitting 29.19 Thousand Gigawatthours in 2020. From there, slight recovery was observed, with the value at 32.53 Thousand Gigawatthours in 2023. This represents a year-on-year decrease of 2.59% from 2022. Over the last five years, the compound annual growth rate (CAGR) has averaged -2.48%.

Looking forward, projections suggest a continued decline in NGL supply, reaching 27.92 Thousand Gigawatthours by 2028. This future period forecasts a 5-year CAGR of -2.36%, resulting in an overall reduction of 11.26%.

Future Trends to Watch For:

The increasing emphasis on renewable energy sources may further impact the NGL supply.
Technological advancements in extraction and processing could potentially stabilize the decline.
Policy changes and environmental regulations will likely play a critical role in shaping the supply dynamics.