Forecast: Gas Oil and Diesel Oil (Excluding Biofuel Portion) Available for Final Consumption in Turkey

The available data from 2013 to 2023 for gas oil and diesel oil (excluding biofuel portion) in Turkey shows a notable overall increase, peaking at 27.48 million tonnes of oil equivalent in 2023. Significant year-on-year variations include 9.53% in 2017 and -2.41% in 2020, with a recent rise of 3.14% in 2023. The CAGR over the final five actual years stands at 3.00%. Forecasted data reveals a steady upward trajectory, projecting a CAGR of 2.19% and a total growth of 11.42% by 2028.

Looking ahead, factors to monitor include potential policy shifts towards renewable energy sources, fluctuations in global oil prices, and economic developments within Turkey that may impact demand for gas and diesel oil.

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