In 2023, the availability of natural gas for final consumption in Germany was around 58.5 million tonnes of oil equivalent. The forecast from 2024 indicates a steady increase in availability, with values reaching 62.72 million tonnes of oil equivalent by 2028. The year-on-year growth rates from 2024 to 2028 demonstrate a consistent uptick, highlighting a stable demand or a shift towards greater natural gas consumption at an average compounded annual growth rate (CAGR) of around 1.4%.
For future trends, watch for:
- Policy changes impacting energy sources and how Germany balances its energy mix with renewables.
- Technological advancements in extraction and distribution influencing availability and efficiency.
- Geopolitical developments affecting gas imports and supply chain stability.
- Changes in urbanization and industrial activity levels driving demand fluctuations.