Biomass consumption in Tanzania stood at 75.17 units of domestic material consumption in 2023. The data indicates a consistent downward trend, with year-on-year variations reflecting minor fluctuations. For instance, between 2023 and 2022, the consumption decreased by 0.32%. Similarly, the five-year compound annual growth rate (CAGR) is reported at -0.28% for the period leading up to 2023, showcasing a gradual decline in biomass usage.
Looking ahead, the forecast points towards a continued decrease in biomass consumption, projected to fall to 73.93 units by 2028. The forecasted five-year CAGR stands at -0.26%, translating to an overall growth rate of -1.31% over the forecasted period.
Future trends to watch for:
- Shift towards renewable energy sources and its impact on biomass consumption.
- Governmental policies promoting sustainable energy practices.
- Technological advancements in biomass utilization and efficiency.
