Forecast: Mining and Quarrying Sector Final Consumption of Solid Fossil Fuels in Germany

As of 2023, the Mining and Quarrying Sector in Germany showed actual solid fossil fuel consumption. Beginning in 2024, a consistent annual decrease in consumption is forecasted, with a gradual reduction from 115.56 to 111.18 thousand metric tons by 2028. Annually, consumption is expected to drop by approximately 1% year-on-year. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is negative, indicating a steady decline in solid fossil fuel usage within the sector.

Future trends to watch for include:

  • Accelerating transitions to renewable energy sources.
  • Government policies influencing fossil fuel consumption limits.
  • Technological advances in mining efficiency and alternative energy utilization.

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