The UK’s exports of solid fossil fuels show a consistent decline from 2024 to 2028. Starting at 16.27 thousand terajoules in 2024, they decrease annually, projected to reach 14.47 thousand terajoules by 2028. This indicates a year-on-year decline with an average compounded annual growth rate suggesting contraction over five years.
Trends to watch for include:
- The global shift towards renewable energy, potentially accelerating this decline.
- Changes in international demand for solid fossil fuels and their impact on UK exports.
- Government policies focusing on reducing carbon emissions which may influence future export perspectives.