In 2023, Germany's imports of renewables and biofuels were recorded at a value of 128.00 thousand terajoules. The forecast from 2024 to 2028 shows a steady increase in imports, with an average annual growth rate of approximately 2.50%. Year-on-year variations reflect this consistent upward trend: from 2024 to 2025, a 2.72% increase; 2025 to 2026, a 2.61% rise; 2026 to 2027, a 2.53% increase; and 2027 to 2028, a 2.44% rise. The compounded annual growth rate over this period is approximately 2.55%.
Future trends to watch for include:
- Technological advancements in renewable energy and biofuels enhancing import efficiency.
- Germany's potential policy changes influenced by EU energy goals impacting import volumes.
- Global economic conditions and energy market disruptions affecting supply chains.
