Forecast: Gas Oil and Diesel Oil (Excluding Biofuel Portion) Final Consumption in Agriculture and Forestry in the UK

The final consumption of gas oil and diesel oil in the UK agriculture and forestry sectors shows slight but steady growth from 2024 to 2028, with values increasing year-on-year. From 2023 to 2024, there has been a minor increase, followed by consistent annual increases roughly around 0.6% to 0.7%. Looking back from 2023, consumption has risen steadily, demonstrating a Compound Annual Growth Rate (CAGR) of approximately 0.7% over the projected five-year period, emphasizing a moderate growth trend in the sector's reliance on traditional fuel sources.

Future trends to watch for include:

  • Technological advancements in agricultural machinery that could affect fuel consumption.
  • Policy changes regarding renewable energy adoption which could alter fossil fuel reliance.
  • Market shifts towards more energy-efficient practices and equipment in the agriculture and forestry sector.

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