The coke and refined products sector in Germany has seen a declining trend starting from 2024, with forecasted turnovers decreasing steadily from 92.15 billion Euros in 2024 to 82.46 billion Euros in 2028. This decline follows the performance observed in 2023. Year-on-year variations highlight this negative trend, and over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) suggests an average decline per year.
Future trends to watch for in this sector include:
- The impact of increasing regulatory pressure on carbon emissions and its effect on the production and profitability of coke and refined products.
- Shifting consumer demand toward more sustainable and cleaner energy alternatives.
- Technological advancements in refining processes that might improve efficiency and mitigate the decrease in turnover.
