Between 2024 and 2028, the forecast for kerosene-type jet fuel opening stock in the UK shows a declining trend. Starting from 956 thousand metric tons in 2024, the stock gradually decreases to 942 thousand metric tons by 2028. This represents an average annual decline, compounded (CAGR), over the forecast period. In comparison to the baseline year of 2023, which had a stock level of 960 thousand metric tons, there is a clear downward trajectory.
Future trends to watch for include potential shifts in fuel efficiency technologies, policy changes impacting fuel consumption, and fluctuations in global aviation demand which could influence future stock levels beyond 2028.
