September 24, 2020

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Global demand for jet fuel to continue to rise through 2050
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Photo courtesy of EIA

Global demand for jet fuel will continue to increase through 2050 and will continue to be met with mostly petroleum-based fuels, according to the U.S. Energy Information Administration’s (EIA) International Energy Outlook 2019 (IEO2019). EIA expects jet fuel consumption to increase the most in China and other Asian non-OECD* countries, driven by greater demand for freight air transport and passenger air travel.

EIA expects jet fuel consumption to increase at a faster rate than any other liquid transportation fuel through 2050. During this time, global commercial jet fuel use will more than double from 13 quadrillion British thermal units (quads) in 2018 to 29 quads in 2050. More than half of the growth will occur in non-OECD countries, whose collective consumption of jet fuel will surpass OECD countries’ jet fuel consumption by 2040.

Countries in Asia are the largest source of future jet fuel demand, and China and Southeast Asia represent more than half (59%) of global growth during the IEO2019 projection period. In particular, China’s jet fuel consumption will more than triple, from 1.6 quads in 2018 to 6.0 quads in 2050. EIA expects the United States and countries in Europe and the Middle East to also experience considerable growth in jet fuel consumption.

Globally, air freight transport, measured in revenue ton-miles, will grow at an annual rate of 2.6% during the IEO2019 projection period and will reach 330 billion revenue ton-miles in 2050. Much of the increase will occur in China and other Asian countries where growth in certain goods will result in increased air freight travel.

Passenger air travel will nearly triple during the IEO2019 projection period, from 6 trillion seat miles in 2018 to about 18 trillion seat miles in 2050. EIA expects that a growing global middle class will travel more both domestically and internationally as household incomes rise. In particular, projected Asian jet fuel consumption will grow faster than in any other region, increasing to more than 40% of global commercial jet fuel use in 2050.

Growth in jet fuel consumption is lower than the growth in these freight and passenger travel indicators because the global aircraft fleet is expected to become more fuel-efficient: overall aircraft fleet efficiency will improve by more than 20% between 2018 and 2050.

* Organization for Economic Cooperation and Development

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