In the German transport equipment sector, natural gas consumption is forecasted to exhibit a slight upward trend from 2024 to 2028, moving from 10.38 to 10.42 thousand gigawatt-hours. Comparing this forecast to the 2023 figure, the year-on-year growth rates depict very minimal increases, hovering around 0.1% annually. The five-year compound annual growth rate (CAGR) through 2028 is expected to remain marginally above this rate, indicating stabilizing demand.
Future trends to watch include advancements in alternative fuels and renewable energy adoption, which could impact natural gas demand in transport. Regulatory pressures for carbon emissions and infrastructure developments will also play pivotal roles in shaping consumption patterns.
