The forecast for Germany's fossil fuels energy imports from 2024 to 2028 indicates a consistent declining trend. In 2023, imports stood at 252 million metric tons. Projected figures show a year-on-year decrease: 13.7% in 2024, 13.7% in 2025, 15.7% in 2026, 18.3% in 2027, and 22.4% in 2028. The compound annual growth rate (CAGR) over these five years is -15.9%, reflecting a significant shift towards reducing reliance on fossil fuel imports.
Future trends to watch for:
- Increased investment in renewable energy infrastructure to replace fossil fuels.
- Policy changes aimed at accelerating Germany’s energy transition.
- Technological advancements in energy storage and efficiency.
- Potential impacts of geopolitical and economic factors on energy trade.
