In 2023, the final consumption of blast furnace gas in Germany's iron and steel sector was not provided, making it hard to calculate a 2023-2024 variation. However, forecasted data from 2024 to 2028 show a steady decline, with consumption decreasing from 51.22 to 47.59 thousand terajoules. On a year-on-year basis, expect a consistent decrease in consumption. Over the five-year period, the CAGR indicates a gradual reduction in use.
Future trends to watch for:
- Technological advancements promoting energy efficiency
- Government regulations aimed at reducing carbon emissions
- Shifts in production processes in favor of greener alternatives