Forecast: Total Support on All Fossil Fuels for Transportation in Germany

In 2023, the total support for fossil fuels in transportation in Germany was $992.50 million. Between 2023 and 2028, the forecast indicates a steady decline with the total amount shrinking from $981.47 million in 2024 to $927.18 million by 2028. The percentage decreases year-on-year are gradual, averaging around -1.38% annually, calculated over this five-year span.

Future trends to watch for include:

  • Potential breakthroughs in renewable energy technologies that may accelerate the decline of fossil fuel support.
  • Government policy changes and environmental regulations pushing for faster transition away from fossil fuels.
  • Increasing consumer preference for sustainable transportation options impacting fossil fuel demand.

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