Forecast: Liquefied Petroleum Gases Transformation Output in Germany

In 2023, Germany's liquefied petroleum gases (LPG) transformation output stood at approximately 3.57 million tonnes of oil equivalent. Forecasted figures indicate a gradual year-on-year increase: 2024 shows a 0.56% rise, with subsequent modest annual growth peaking at 3.67 million tonnes by 2028. This reflects a steady compound annual growth rate of about 0.56% over five years.

Future trends to watch for:

  • Potential impacts of energy policy shifts in Germany, influencing LPG demand.
  • Technological advancements in clean energy transitioning impacting LPG usage.
  • Fluctuations in global oil prices affecting LPG production costs and competitiveness.

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