In 2023, the final consumption of natural gas in Germany's wood and wood products sector stood at approximately 4.8 thousand terajoules. Projections for 2024 to 2028 indicate a slight and consistent decline in consumption, decreasing from 4.76 to 4.55 thousand terajoules over these years. The year-on-year variations show decreases of around 1%, which equates to a compound annual growth rate (CAGR) of just over -1% across the five-year period.
Future trends to watch for include:
- A shift towards renewable energy sources within the industry, potentially accelerating the reduction in natural gas consumption.
- Technological advancements and efficiency improvements that could further impact natural gas use.
- Policymaker initiatives aiming at sustainability that might affect consumption patterns.