Key Market Indicators
Germany’s energy consumption is projected to decline slightly to 12.4 exajoules by 2026. This would represent a 0.6% year-on-year decrease on average since 1970. In 2021, Canada topped the ranking with 12.6 exajoules, while Germany held seventh place. The United States, India and Russia came in second, third and fourth respectively. Meanwhile, the country’s energy supply is forecast to reduce to 252.5 million tonnes of oil equivalent by 2026, a 1.3% CAGR year-on-year decline since 1965. Iran overtook Germany in 2021, with 264.8 million tonnes of oil equivalent. The United States, India and Russia placed second, third and fourth respectively.
Germany Energy Market Data and Forecasts
How much will Germany Energy Market grow to 2026?
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