The final consumption of natural gas in Germany's mining and quarrying sector shows a clear declining trend from 2024 to 2028. From a projected consumption of 872.22 Gigawatthours in 2024, the usage steadily decreases, with a year-on-year percentage drop each subsequent year: approximately 6.1% in 2025, 6.4% in 2026, 6.7% in 2027, and 7% in 2028. The Compound Annual Growth Rate (CAGR) over these five years stands at approximately -6.6%, reflecting a consistent downtrend. This indicates a significant reduction in natural gas consumption within the industry during the forecast period.
Future trends to watch for:
- Continued policy shifts toward renewable energy in Germany.
- Technological advancements leading to increased energy efficiency.
- Economic factors influencing the mining and quarrying sector's energy demand.
- Global market fluctuations affecting energy strategies in mining industries.
