Forecast: Energy Supply of Natural Gas in Germany

From 2013 to 2023, the energy supply of natural gas in Germany showed volatility, starting at 850.17 Thousand Gigawatthours in 2013 and rising to 916.16 Thousand Gigawatthours in 2023. The highest annual supply was recorded in 2022 at 909.03 Thousand Gigawatthours. The average Compound Annual Growth Rate (CAGR) over the last five years leading up to 2023 has been approximately 1.38%.

Year-on-year variations in the last two years have been relatively stable, with a modest increase of 0.076% in 2022 and 0.78% in 2023. Looking ahead from 2024 through 2028, the forecasted supply continues its upward trend, with a CAGR of 0.59% and an overall growth rate of 2.98% expected.

Future trends to watch for:

• Shifts in global and European energy policies that may impact natural gas demand and supply.
• Technological advancements in energy efficiency and renewable energy sources potentially reducing dependence on natural gas.
• Geopolitical developments affecting natural gas imports and international trade.