In 2023, pure biogasoline production in Germany stood at 4.27 thousand gigawatthours. Over the past two years, there was a slight decline, with a year-on-year decrease of 0.40% in 2022 and 0.36% in 2023. The compound annual growth rate (CAGR) over the last five years has been -1.72%, indicating a gradual downward trend since 2018. From 2013 to 2017, there were fluctuations, but production showed significant declines from 2019 onwards. Specifically, the largest year-on-year decrease of 15.37% occurred in 2019.
Future trends to watch for include:
• The forecasted CAGR over the next five years is -0.28%, suggesting a steady decline.• Market dynamics, policy changes, or technological advancements in renewable energy could influence production levels.• The decline in production may also reflect advancements and transitions to other forms of biofuels or renewable energy sources.